Report Preview Details

0001104659-12-036980.txt : 20120514 0001104659-12-036980.hdr.sgml : 20120514 20120514172032 ACCESSION NUMBER: 0001104659-12-036980 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120514 DATE AS OF CHANGE: 20120514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIED MOTION TECHNOLOGIES INC CENTRAL INDEX KEY: 0000046129 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 840518115 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-04041 FILM NUMBER: 12839826 BUSINESS ADDRESS: STREET 1: 23 INVERNESS WAY EAST STREET 2: STE 150 CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 3037998520 FORMER COMPANY: FORMER CONFORMED NAME: HATHAWAY CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: HATHAWAY INSTRUMENTS INC DATE OF NAME CHANGE: 19820916 10-Q 1 a12-7847_110q.htm 10-Q

Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Form 10-Q

Quarterly Report Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

For the quarterly period ended March 31, 2012

Commission File Number

0-04041

ALLIED MOTION TECHNOLOGIES INC.

Incorporated Under the Laws of the State of Colorado

Colorado		84-0518115
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

23 Inverness Way East, Suite 150

Englewood, Colorado 80112

Telephone: (303) 799-8520

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 such filing requirements for the past ninety (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 (§ 232.405 of this chapter) 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 definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer o		Accelerated filer o

Non-accelerated filer o (Do not check if a smaller reporting company)		Smaller reporting company x

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

Number of Shares of the only class of Common Stock outstanding: 8,639,664 as of May 12, 2012

Table of Contents

ALLIED MOTION TECHNOLOGIES INC.

INDEX

			Page No.

PART I. FINANCIAL INFORMATION

	Item 1.	Financial Statements

		Unaudited Condensed Consolidated Balance Sheets March 31, 2012 and December 31, 2011	1

		Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income for the three months ended March 31, 2012 and 2011	2

		Unaudited Condensed Consolidated Statements of Cash Flows For the three months ended March 31, 2012 and 2011	3

		Unaudited notes to Condensed Consolidated Financial Statements	4

	Item 2.	Management’s Discussion and Analysis of Financial Condition and Results Of Operations	9

	Item 4.	Controls and Procedures	15

PART II. OTHER INFORMATION

	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	15

	Item 5.	Other Information	15

	Item 6.	Exhibits	16

Table of Contents

ALLIED MOTION TECHNOLOGIES INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In Thousands, except per share data)

(Unaudited)

	March 31, 2012			December 31, 2011
Assets
Current Assets:
Cash and cash equivalents	$	4,581		$	9,155
Trade receivables, net of allowance for doubtful accounts of $197 and $284 at March 31, 2012 and December 31, 2011, respectively	12,543			11,689
Inventories, net	14,652			14,429
Deferred income taxes	1,097			1,254
Prepaid expenses and other assets	3,046			1,881
Total Current Assets	35,919			38,408
Property, plant and equipment, net	7,631			7,352
Deferred income taxes	4,321			4,326
Intangible assets, net	2,841			2,936
Goodwill	5,835			5,665
Total Assets	$	56,547		$	58,687
Liabilities and Stockholders’ Equity
Current Liabilities:
Debt obligations	158			157
Accounts payable	6,298			6,598
Accrued liabilities	4,828			6,800
Contingent consideration	—			1,313
Income taxes payable	481			1,272
Total Current Liabilities	11,765			16,140
Deferred income taxes	970			973
Deferred compensation arrangements	1,924			1,736
Pension and post-retirement obligations	3,528			3,516
Total Liabilities	18,187			22,365
Commitments and Contingencies
Stockholders’ Equity:
Common stock, no par value, authorized 50,000 shares; 8,649 and 8,466 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively	22,149			21,568
Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding	—			—
Retained earnings	16,912			15,970
Accumulated other comprehensive income	(701		)	(1,216		)
Total Stockholders’ Equity	38,360			36,322
Total Liabilities and Stockholders’ Equity	$	56,547		$	58,687

See accompanying notes to financial statements.

Table of Contents

ALLIED MOTION TECHNOLOGIES INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(In Thousands, except per share data)

(Unaudited)

			For the three months ended March 31,
			2012					2011
Revenues			$	26,847				$	26,724
Cost of products sold			19,210					18,775
Gross margin			7,637					7,949

Operating expenses:
Selling			1,365					1,462
General and administrative			2,947					2,966
Engineering and development			1,553					1,534
Amortization of intangible assets			174					180
Total operating expenses			6,039					6,142
Operating income			1,598					1,807

Other income (expense), net:
Interest expense			(7		)			(24		)
Other income, net			17					1
Total other income (expense), net			10					(23		)
Income before income taxes			1,608					1,784
Provision for income taxes			(450		)			(571		)

Net income			$	1,158				$	1,213

Basic earnings per share:
Earnings per share	$	0.14				$	0.15
Basic weighted average common shares	8,565					8,279

Diluted earnings per share:
Earnings per share	$	0.14				$	0.14
Diluted weighted average common shares	8,565					8,495

Other comprehensive income, net of tax:

Foreign currency translation adjustment			515					728
Comprehensive income			$	1,673				$	1,941

See accompanying notes to financial statements.

Table of Contents

ALLIED MOTION TECHNOLOGIES INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In Thousands)

(Unaudited)

	For the three months ended March 31,
	2012			2011
Cash Flows From Operating Activities:
Net income	$	1,158		$	1,213
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	489			542
Other	325			218
Changes in assets and liabilities:
Trade receivables	(717		)	(1,447		)
Inventories, net	(42		)	(995		)
Prepaid expenses and other assets	(1,150		)	(404		)
Accounts payable	(395		)	988
Accrued liabilities	(2,642		)	(768		)
Net cash used in operating activities	(2,974		)	(653		)

Cash Flows From Investing Activities:
Consideration paid for acquisition	(1,350		)	(332		)
Purchase of property and equipment	(586		)	(428		)
Net cash used in investing activities	(1,936		)	(760		)

Cash Flows From Financing Activities:
Dividends paid	(216		)	—
Stock transactions under employee benefit stock plans	439			95
Net cash provided by financing activities	223			95

Effect of foreign exchange rate changes on cash	113			82

Net decrease in cash and cash equivalents	(4,574		)	(1,236		)

Cash and cash equivalents at beginning of period	9,155			3,553

Cash and cash equivalents at end of period	$	4,581		$	2,317

See accompanying notes to financial statements.

Table of Contents

ALLIED MOTION TECHNOLOGIES INC.

Unaudited notes to Condensed Consolidated Financial Statements

1. Basis of Preparation and Presentation

Allied Motion Technologies Inc. (the Company) is engaged in the business of designing, manufacturing and selling motion control products to a broad spectrum of customers throughout the world.

The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant inter-company accounts and transactions have been eliminated in consolidation.

The assets and liabilities of the Company’s foreign subsidiaries are translated into U.S. dollars using end of period exchange rates. Changes in reported amounts of assets and liabilities of foreign subsidiaries that occur as a result of changes in exchange rates between foreign subsidiaries’ functional currencies and the U.S. dollar are included in foreign currency translation adjustment. Foreign currency translation adjustment is included in accumulated other comprehensive income, a component of stockholders’ equity in the accompanying condensed consolidated balance sheets. Revenue and expense transactions use an average rate prevailing during the month of the related transaction. Transaction gains and losses that arise from exchange rate fluctuations on transactions denominated in a currency other than the functional currency of each Technology Unit (“TU”) are included in the results of operations as incurred.

The condensed consolidated financial statements included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission and include all adjustments which are, in the opinion of management, necessary for a fair presentation. Certain information and footnote disclosures normally included in financial statements which are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted pursuant to such rules and regulations. The Company believes that the disclosures herein are adequate to make the information presented not misleading. The financial data for the interim periods may not necessarily be indicative of results to be expected for the year.

The preparation of financial statements in accordance with U.S. GAAP requires management to make certain estimates and assumptions. Such estimates and assumptions affect the reported amounts of assets and liabilities as well as disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

It is suggested that the accompanying condensed interim financial statements be read in conjunction with the Consolidated Financial Statements and related Notes to such statements included in the Annual Report on Form 10-K for the year ended December 31, 2011 that was previously filed by the Company.

2. Inventories

Inventories, valued at the lower of cost (first-in, first-out basis) or market, are as follows (in thousands):

	March 31, 2012			December 31, 2011
Parts and raw materials	$	11,830		$	11,268
Work-in process	2,284			2,017
Finished goods	2,527			3,090
	16,641			16,375
Less reserves	(1,989		)	(1,946		)
Inventories, net	$	14,652		$	14,429

Table of Contents

ALLIED MOTION TECHNOLOGIES INC.

Unaudited notes to Condensed Consolidated Financial Statements

3. Property, Plant and Equipment

Property, plant and equipment is classified as follows (in thousands):

	March 31, 2012			December 31, 2011
Land	$	290		$	290
Building and improvements	3,490			3,387
Machinery, equipment, tools and dies	12,987			12,633
Furniture, fixtures and other	3,253			3,037
	20,020			19,347
Less accumulated depreciation	(12,389		)	(11,995		)
Property, Plant and Equipment, net	$	7,631		$	7,352

Depreciation expense was approximately $315,000 and $362,000 for the quarters ended March 31, 2012 and 2011, respectively.

4. Stock-Based Compensation

Stock Incentive Plans

The Company’s Stock Incentive Plans provide for the granting of stock awards, including restricted stock, stock options, and stock appreciation rights, to employees and non-employees, including directors of the Company.

Restricted Stock

In the quarter ended March 31, 2012, 134,150 shares of unvested restricted stock were awarded at a market value of $7.13. Of the restricted shares granted, 30,000 shares have performance based vesting conditions. The value of the shares is amortized to compensation expense over the related service period, which is normally three years, or over the estimated performance period. Shares of unvested restricted stock are forfeited if a recipient leaves the Company before the vesting date. Shares that are forfeited become available for future awards.

The following is a summary of restricted stock activity during the quarter ended March 31, 2012:

	Number of Shares
Outstanding at beginning of period	283,608
Granted	134,150
Forfeited	—
Vested	(159,486	)
Outstanding at end of Period	258,272

For the quarter ended March 31, 2012 and 2011, compensation expense, net of forfeitures, of $140,000 and $142,000 was recorded, respectively.

Table of Contents

ALLIED MOTION TECHNOLOGIES INC.

Unaudited notes to Condensed Consolidated Financial Statements

5. Earnings and Dividends per Share

Basic income per share is computed by dividing net income by the weighted average number of shares of common stock outstanding. Diluted income per share is determined by dividing the net income by the sum of (1) the weighted average number of common shares outstanding and (2) if not anti-dilutive, the effect of stock options and warrants determined utilizing the treasury stock method. During 2012, no stock options or warrants are outstanding. As such, there is no dilutive effect on earnings per share for 2012. The dilutive effect of outstanding awards for the quarters ended March 31, 2011 was 215,000.

The Company declared and paid dividends of $0.025 per share in the first quarter of 2012. Total dividends paid were $216,000. The Company began paying quarterly dividends in the third quarter of 2011. As such, no dividends were declared or paid in the first quarter of 2011.

6. Segment Information

ASC Topic “Segment Reporting” requires disclosure of operating segments, which as defined, are 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 performance.

The Company operates in one segment for the manufacture and marketing of motion control products for original equipment manufacturers and end user applications. In accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating decision maker has been identified as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in: economic characteristics; nature of products and services; and procurement, manufacturing and distribution processes. Since the Company operates in one segment, all financial information required by “Segment Reporting” can be found in the accompanying consolidated financial statements and within this note.

The Company’s wholly owned foreign subsidiaries, located in The Netherlands, Sweden, and Canada, are included in the accompanying consolidated financial statements. Financial information related to the foreign subsidiaries is summarized below (in thousands):

	For the three months ended March 31,
	2012		2011

Revenues derived from foreign subsidiaries	$	10,832	$	12,544
Identifiable assets as of March 31,	$	24,524	$	25,325

Sales to customers outside of the United States by all subsidiaries were $12,330,000 and $13,449,000 during the quarters ended March 31, 2012 and 2011, respectively.

Table of Contents

ALLIED MOTION TECHNOLOGIES INC.

Unaudited notes to Condensed Consolidated Financial Statements

During the quarters ended March 31, 2012 and 2011, no single customer accounted for more than 10% of total revenues.

7. Intangible Assets

Intangible assets on the Company’s consolidated balance sheets consist of the following (in thousands):

	March 31, 2012			December 31, 2011			Estimated Life
Amortizable intangible assets
Customer lists	$	4,387		$	4,315		8-10 years
Trade name	946			946			10 years
Design and technologies	2,649			2,575			8-10 years
Patents	24			24
Accumulated amortization	(5,165		)	(4,924		)
Total intangible assets	$	2,841		$	2,936

Amortization expense for intangible assets for the quarters ended March 31, 2012 and 2011 was $174,000 and $180,000, respectively.

8. Goodwill

The change in the Company’s goodwill during the quarter ended March 31, 2012 is summarized in the table below (in thousands):

Balance, December 31, 2011	$	5,665
Foreign currency translation	170
Balance, March 31, 2012	$	5,835

9. Contingent Consideration

The Company acquired Östergrens Elmotor AB (Östergrens), located in Stockholm, Sweden on December 30, 2010. In conjunction with the acquisition of Östergrens, the Company recorded contingent cash consideration based on the seller meeting certain performance criteria. The Company paid $1,350,000 and $332,000 of the contingent consideration in the quarters ended March 31, 2012 and 2011, respectively. The liability was denominated in Swedish Krona. The amount paid of $1,350,000, exceeds the amount accrued of $1,313,000 as of December 31, 2011, due to fluctuations in the Swedish Krona against the U.S. dollar. The consideration paid was based on a multiple of the incremental profit achieved in 2011 over 2010 for certain customer projects.

10. Debt Obligations

Debt obligations consisted of the following (in thousands):

	March 31, 2012		December 31, 2011
Credit Agreement, revolving line-of-credit	$	—	$	—
China Credit Facility, 6.4% at March 31, 2011	$	158	$	157

Table of Contents

ALLIED MOTION TECHNOLOGIES INC.

Unaudited notes to Condensed Consolidated Financial Statements

The Company’s Credit Agreement, which matures October 26, 2013, provides revolving credit up to $4 million and €3 million.

The Credit Agreement contains certain financial covenants related to maximum leverage, minimum fixed charge coverage and minimum tangible net worth of the Company. The Company was in compliance with all covenants at March 31, 2012.

At March 31, 2012, approximately $8,000,000 million ($4 million and € 3 million) was available under the amended Credit Agreement and approximately $700,000 (€ 300,000 and 2,100,000 Swedish Krona (“SEK”)) was available under bank overdraft facilities in Europe.

The Company also has a Credit Line Facility in China providing credit of approximately $700,000 (Chinese Renminbi (“RMB”) 4,500,000). This facility will be used for working capital needs at the Company’s China operations, and will mature in October 2012. At March 31, 2012, there was approximately $550,000 (RMB 3,500,000) available under the facility.

Table of Contents

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

All statements contained herein that are not statements of historical fact constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements, and may contain the word “believe,” “anticipate,” “expect,” “project,” “intend,” “will continue,” “will likely result,” “should” or words or phrases of similar meaning. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual results of the Company to differ materially from the forward-looking statements. The risks and uncertainties include those associated with the present economic circumstances in the United States and throughout Europe, general business and economic conditions in the Company’s motion markets, introduction of new technologies, products and competitors, the ability to protect the Company’s intellectual property, the ability of the Company to sustain, manage or forecast its growth and product acceptance, success of new corporation strategies and implementation of defined critical issues designed for growth and improvement in profits, the continued success of the Company’s customers to allow the Company to realize revenues from its order backlog and to support the Company’s expected delivery schedules, the continued viability of the Company’s customers and their ability to adapt to changing technology and product demand, the loss of significant customers or enforceability of the Company’s contracts in connection with a merger, acquisition, disposition, bankruptcy, or otherwise, the ability of the Company to meet the technical specifications of its customers, the continued availability of parts and components, increased competition and changes in competitor responses to the Company’s products and services, changes in government regulations, availability of financing, the ability of the Company’s lenders and financial institutions to provide additional funds if needed for operations or for making future acquisitions or the ability of the Company to obtain alternate financing if present sources of financing are terminated, the ability to attract and retain qualified personnel who can design new applications and products for the motion industry, the ability of the Company to identify and consummate favorable acquisitions to support external growth and new technology, the ability of the Company to successfully integrate an acquired business into the Company’s business model without substantial costs, delays, or problems, the ability of the Company to establish low cost region manufacturing and component sourcing capabilities, and the ability of the Company to control costs, including relocation costs, for the purpose of improving profitability. The Company’s ability to compete in this market depends upon its capacity to anticipate the need for new products, and to continue to design and market those products to meet customers’ needs in a competitive world. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements as a prediction of actual results. The Company has no obligation or intent to release publicly any revisions to any forward looking statements, whether as a result of new information, future events, or otherwise.

New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such risk factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company’s expectations, beliefs and projections are expressed in good faith and are believed to have a reasonable basis; however, the Company makes no assurance that expectations, beliefs or projections will be achieved.

Overview

Allied Motion has developed a long term corporate strategy with its sole focus in the motion control industry. Allied Motion utilizes its underlying core “electro-magnetic, mechanical and electronic motion technology/know how” to provide compact, high performance products as solutions in a wide range of motion applications. The Company designs, manufactures and sells motors, electronic motion controls, gearing and optical encoders to a broad spectrum of customers throughout the world. The Company sells components individually and also provides integrated motion control solutions to customers. The Company sells its products through its own direct sales force and manufacturer’s reps and distributors. The products are manufactured at the Company’s own facilities in North America, Europe and China, and at contract

Table of Contents

manufacturing facilities in China and Eastern Europe, where the Company owns all the capital equipment and tooling and has designed and set-up the manufacturing processes in each facility.

Examples of the end products using Allied Motion’s technology in the medical and health care industries include surgical robots, prosthetics, electric powered surgical hand pieces, programmable pumps to meter and administer infusions associated with chemotherapy, pain control and antibiotics; nuclear imaging systems, automated pharmacy dispensing equipment, kidney dialysis equipment, respiratory ventilators and heart pumps, wheel chairs, scooters, stair lifts, patient lifts, patient handling tables and beds. In electronics, our products are used in the handling, inspection, and testing of components and in the automation and verification of final products such as PC’s, game equipment and cell phones. Our motors are used in the HVAC systems of trucks, buses, RV’s, boats and off-road construction/farming equipment. These motors operate a variety of actuation systems (e.g., patient and wheelchair lifts, RV slide-outs, truck bed covers etc.), they provide improved fuel efficiency while the vehicles are idling and are used in drive-by-wire applications to electrically replace or power-assist a variety of mechanical linkages. Our products are also utilized in high performance vehicles, vehicles using alternative fuel systems such as LPG, fuel cell and hybrid vehicles. Our geared motor products are utilized in automated material handling vehicles/robots, commercial grade floor cleaners, commercial building equipment such as welders, cable pullers and assembly tool. Several products are used in a variety of military/defense applications including inertial guided missiles, mid-range munitions systems, weapons systems on armed personnel carriers, unmanned vehicles and in security and access control in camera systems, door access control and in airport screening and scanning devices. Other end products utilizing our technology include high definition printers; tunable lasers and spectrum analyzers for the fiber optic industry; processing equipment for the semiconductor industry, as well as ticket and cash dispensing machines (ATMs).

Allied Motion has established Solution Centers in North America and Europe to provide applications support and first point of contact for customers requiring motion control solutions. The application engineers draw upon the Technology/Know-How from all Allied Motion companies to provide the best solution for the customer and may be a single component or a solution that utilizes several components to create an integrated solution from our various Technology Units (“TUs”). Allied Motion is currently in the process of renaming it’s TU’s to incorporate the Allied Motion name first, followed by the city the Units are managed from, to replace the previous company names in parenthesis below. The list is as follows:

· Allied Motion Tulsa — Tulsa, Oklahoma (Emoteq Corporation)

· Allied Motion Owosso — Owosso, Michigan (Motor Products Corporation)

· Allied Motion Watertown — Watertown, New York (Stature Electric, Inc.)

· Allied Motion Amherst - Amherst, New York and Waterloo, Ontario, Canada (Allied Motion Amherst and Allied Motion Canada)

· Allied Motion Dordrecht — Dordrecht, The Netherlands (Precision Motor Technology B.V.)

· Allied Motion Stockholm - Stockholm, Sweden and Ferndown, UK (Östergrens Elmotor AB)

· Allied Motion Changzhou — Changzhou, China (Östergrens Changzhou)

Allied Motion also has contract production capabilities in Slovakia and China. The Company is currently in the process of setting up a Solution Center in Asia.

1st Quarter Overview

After a record year in revenues and profitability in 2011, the first quarter of 2012 had a slight growth in revenues over the first quarter of last year and maintained a diluted earnings per share of $0.14. Sales to our medical, vehicle, and electronics markets were up, while the industrial and aerospace and defense markets were down over the first quarter of 2011.

Orders for the quarter ended March 31, 2012 were $23.0 million compared to $26.4 million in the same quarter of last year. Backlog at March 31, 2012 was $40.9 million, reflecting a 6% increase over the

Table of Contents

backlog at the same time last year. The increased backlog over March 31, 2011 reflect the strong orders that were received in 2011 in the Company’s served markets. We believe that the markets we serve are recognizing the value of the Company’s motion solutions, and we continue to pursue opportunities that will increase the company’s revenues and profitability.

We continued our quarterly dividend program, and we increased our dividends per share to $.025 per share. We believe that our cash flows can support our growth initiatives and reward our shareholders at the same time.

Strategy

Allied Motion Business Concept: Allied Motion leverages its superior expertise in electro-magnetic, mechanical and electronic motion technology/know-how to provide solutions with the most compact, differentiated products or systems that “change the game” and add value to our customers’ products. Utilizing Allied’s “One Team” Organization, our intent is to be the motion solutions leader in our selected target market segments and to focus on geographic markets where our local support provides an additional competitive advantage. We will enhance our competitive position through the creation of an Operational Excellence Team to lead the implementation of Allied Systematic Tools (AST) and drive continuous improvement in quality, cost, delivery and growth throughout the company.

Further development and promotion of our parent brand, Allied Motion, will continue in the future and a Global structure has been defined and is currently being implemented. An example of the Global structure is the One Team Sales Force which has developed nicely in North America and Europe, and we are currently establishing the same capability in Asia. Our Solution Centers differentiate us from our competition and will become functional in North America and Europe in 2012 and the foundation will be also established in Asia in 2012. Together with our One Team Sales Force, the Solution Center is the glue that allows Allied Motion to function and act as One Company, a common request from our customers.

Our platform based Product Line approach, which is where we preplan what products are required by our served market segments, provides us the capability to quickly deliver prototypes, be first in with application solutions and secure new design-in wins. While it is relatively simple to achieve this on an independent component level basis, a coordinated effort to tie all of our technologies together as systems is where the real opportunity lies and that will be our emphasis.

An emphasis is placed on Gross Margin improvement which requires cost reduction, new products emphasizing more complete Motion Control solutions and a support structure trained to sell, apply and service our products and customers. In order to provide additional solution capabilities, additional Electronic Motion Control product offerings are required and the company continues to add new capabilities and make investments in this area.

We also plan to take our commitment to “Allied Systematic Tools”, or AST, to a new level this year as we invest in additional resources as part of our Operational Excellence Team to continuously build and utilize AST to improve efficiencies and eliminate waste throughout our Company.

We believe the strategy we have developed for the Company will accomplish our long term goals of increasing shareholder value through the continued strengthening of the foundation necessary to achieve growth in sales and profitability.

Operating Results

Quarter Ended March 31, 2012 compared to Quarter Ended March 31, 2011

NET INCOME The Company reported net income of $1,158,000, or $0.14 per diluted share for the first quarter of 2012, compared to $1,213,000, or $0.14 per diluted share for the same quarter last year.

EBITDA AND ADJUSTED EBITDA EBITDA was $2,104,000 for the first quarter of 2012 compared to a $2,350,000 for the same quarter last year. Adjusted EBITDA was $2,482,000 and $2,492,000 for the first

Table of Contents

quarters of 2012 and 2011, respectively. EBITDA and Adjusted EBITDA are non-GAAP measurements. EBITDA consists of income before interest expense, provision for income taxes, and depreciation and amortization. Adjusted EBITDA also excludes stock compensation expense and certain non-recurring items. See information included in “Non - GAAP Measures” below for a reconciliation of net income to EBITDA and Adjusted EBITDA.

REVENUES Revenues were $26,847,000 for the quarter ended March 31, 2012 compared to $26,724,000 for the quarter ended March 31, 2011. Overall, the Company experienced increases in the medical, vehicle, and electronics markets, partially offset by declines in the industrial and aerospace and defense markets.

Sales to U.S. customers accounted for 54% and 50% of our sales in the first quarter of 2012 and 2011, respectively, with the balance to customers primarily in Europe, Canada, and Asia. Sales volumes for the quarter ended March 31, 2012 increased by about 1%, but were offset by the strengthening of the dollar against the euro over the same period of last year. Declining sales to foreign customers indicate some softening in some of the Company’s European markets.

ORDER BACKLOG At March 31, 2012, order backlog was approximately $40.9 million, which is up 6% from the same time last year and down 7% from the backlog at December 31, 2011.

GROSS MARGINS Gross margin as a percentage of revenues was 28% and 30% for the quarters ended March 31, 2012 and 2011, respectively. The decrease in gross margins is partially due to the sales mix (decrease in sales of our higher margin business partially offset by increased sales of lower margin business) and partially due to a one-time charge to cover the estimated cost of replacing products in the field due to an incorrect component used by one of the Company’s suppliers.

SELLING EXPENSES Selling expenses in the first quarter were $1,365,000 compared to $1,462,000 for the first quarter last year. The 7% decrease is primarily related to lower expected sales incentives in 2012 when compared to 2011.

GENERAL AND ADMINISTRATIVE EXPENSES General and administrative expenses were $2,947,000 in the quarter ended March 31, 2012 compared to $2,966,000 in the quarter ended March 31, 2011. The slight decrease in general and administrative expenses is primarily due to increased headcount and salary increases, offset by lower incentive bonuses.

ENGINEERING AND DEVELOPMENT EXPENSES Engineering and development expenses were $1,553,000 in the first quarter of 2012 and $1,534,000 in the same quarter last year.

AMORTIZATION OF INTANGIBLE ASSETS Amortization of intangible assets expense was $174,000 in the quarter ended March 31, 2012 and $180,000 in the same quarter last year.

INCOME TAXES Provision for income taxes was $450,000 and $571,000 for the first quarters of 2012 and 2011, respectively. The Company uses an estimate of the annual effective rate to calculate and record income taxes based on the projected results for the fiscal year and the facts and circumstances known at each interim period. The Company is subject to tax in the U.S. and multiple other tax jurisdictions. Judgment is required in determining the worldwide provision for income taxes and in recording the related tax assets and liabilities. The effective income tax rate as a percentage of income before income taxes was 28% and 32% for the quarters ended March 31, 2012 and 2011, respectively. The effective tax rate is lower than the statutory rate primarily due to differences in state and foreign tax rates.

Non-GAAP Measures

EBITDA and Adjusted EBITDA are provided for information purposes only and are not measures of financial performance under generally accepted accounting principles.

The Company believes EBITDA is often a useful measure of a Company’s operating performance and is a significant basis used by the Company’s management to measure the operating performance of the Company’s business because EBITDA excludes charges for depreciation, amortization and interest expense

Table of Contents

that have resulted from our debt financings, as well as our provision for income tax expense. EBITDA is frequently used as one of the bases for comparing businesses in the Company’s industry.

The Company also believes that Adjusted EBITDA provides helpful information about the operating performance of its business. Adjusted EBITDA excludes stock compensation expense, as well as certain non-recurring items. Nonrecurring items are either income or expenses which do not occur regularly as part of the normal activities of the Company. For the quarter ended March 31, 2012, the charge to replace the incorrect electronic component of $238,000 is excluded from Adjusted EBITDA. There are no non-recurring items that have been excluded from Adjusted EBITDA for the quarter ended March 31, 2011.

EBITDA and Adjusted EBITDA do not represent and should not be considered as an alternative to net income, operating income, net cash provided by operating activities or any other measure for determining operating performance or liquidity that is calculated in accordance with generally accepted accounting principles.

The Company’s calculation of EBITDA and Adjusted EBITDA for the three months ended March 31, 2012 and 2011 is as follows (in thousands):

	For the three months ended March 31,
	2012		2011
Net income	$	1,158	$	1,213
Interest expense	7		24
Provision for income tax	450		571
Depreciation and amortization	489		542
EBITDA	2,104		2,350
Stock compensation expense	140		142
Non-recurring expense (income)	238		—
Adjusted EBITDA	$	2,482	$	2,492

Liquidity and Capital Resources

The Company’s liquidity position as measured by cash and cash equivalents decreased $4,574,000 to a balance of $4,581,000 at March 31, 2012. This decrease compares to a smaller decrease of $1,236,000 for the same period last year. During the first quarter of 2012, operations used $2,974,000 in cash compared to $653,000 for the quarter ended March 31, 2011. The increase in cash used in operations this year is due to higher incentive bonus payments, higher tax payments, and increased payments to vendors.

Net cash used in investing activities was $1,936,000 and $760,000 for the first quarter of 2012 and 2011, respectively. The increase includes a payment of $1,350,000, which is the final portion of consideration for the Ostergrens acquisition, and an increase of $158,000 over the same period of last year, for purchases of property and equipment.

Net cash provided by financing activities was $223,000 for the quarter ended March 31, 2012 compared to $95,000 for the same period last year. The increase in 2012 is due to more Company stock purchased by the Allied Motion Employee Stock Ownership Plan (ESOP), based on higher company contributions to the plan for 2011, offset by the dividends paid, as well as fewer share repurchases by the

Table of Contents

Company in 2012 than 2011 for tax withholding purposes. The Company began to pay quarterly dividends in August 2011, and thus, had not paid dividends in the first quarter of 2011.

The average outstanding borrowings for the quarter ended March 31, 2012 was $158,000. As of March 31, 2012, the amount available to borrow under the Company’s various lines-of-credit was approximately $8,600,000.

The Company’s Credit Agreement is used for borrowing needs that may occur in the United States and Europe. The Credit Agreement provides revolving credit up to $4 million and €3 million. The Credit Agreement contains certain financial covenants related to maximum leverage, minimum fixed charge coverage and minimum tangible net worth of the Company. The Credit Agreement expires on October 26, 2013.

The Company also has a Credit Line Facility in China providing credit of approximately $700,000 (RMB 4,500,000) to provide financing availability for working capital needs for the Company’s subsidiaries in China. There is approximately $550,000 (RMB 3,500,000) available under the facility at March 31, 2012.

The Company has bank overdraft facilities with foreign banks in Europe. The facilities had no outstanding balance as of March 31, 2012. The amount available under the overdraft facilities was approximately $700,000 (€ 300,000 and 2,100,000 SEK).

As part of the Company’s quarterly cash dividend program, the Board of Directors declared a dividend, increasing the amount from $0.02 to $0.025 per share in the first quarter of 2012.

The Company’s working capital, capital expenditure and dividend requirements are expected to be funded from cash provided by operations and amounts available under the Company’s credit facilities.

Critical Accounting Policies

The Company has prepared its financial statements in conformity with accounting principles generally accepted in the United States, and these statements necessarily include some amounts that are based on informed judgments and estimates of management. The Company’s significant accounting policies are discussed in Note 1 in the Annual Report on Form 10-K for the year ended December 31, 2011. The policies are reviewed on a regular basis. The Company’s critical accounting policies are subject to judgments and uncertainties which affect the application of such policies. The Company uses historical experience and all available information to make these judgments and estimates. As discussed below the Company’s financial position or results of operations may be materially different when reported under different conditions or when using different assumptions in the application of such policies. In the event estimates or assumptions prove to be different from actual amounts, adjustments are made in subsequent periods to reflect more current information. The Company’s critical accounting policies include:

The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. The allowance is based on historical experience and judgments based on current economic and customer specific factors. Significant judgments are made by management in connection with establishing the Company’s customers’ ability to pay at the time of shipment. Despite this assessment, from time to time, the Company’s customers are unable to meet their payment obligations. The Company continues to monitor customers’ credit worthiness, and use judgment in establishing the estimated amounts of customer receivables which may not be collected. A significant change in the liquidity or financial position of the Company’s customers could have a material adverse impact on the collectibility of accounts receivable and future operating results.

Inventory is valued at the lower of cost or market. The Company monitors and forecasts expected inventory needs based on sales forecasts. Inventory is written down or written off when it becomes

Table of Contents

obsolete or when it is deemed excess. These determinations involve the exercise of significant judgment by management. If actual market conditions are significantly different from those projected by management, the recorded reserve may be adjusted, and such adjustments may have a significant impact on the Company’s results of operations. Demand for the Company’s products can fluctuate significantly, and in the past the Company has recorded substantial charges for inventory obsolescence.

The Company records deferred tax assets and liabilities for the estimated future tax effects of temporary differences between the tax basis of assets and liabilities and amounts recorded in the consolidated financial statements, and for operating loss and tax credit carryforwards. Realization of the recorded deferred tax assets is dependent upon the Company generating sufficient taxable income in the appropriate tax jurisdiction in future years to obtain benefit from the reversal of net deductible temporary differences and from tax credit and operating loss carryforwards. A valuation allowance is provided to the extent that management deems it more likely than not that the net deferred tax assets will not be realized. The amount of deferred tax assets considered realizable is subject to adjustment in future periods if estimates of future taxable income are changed.

The Company provides pension and postretirement benefits for certain domestic retirees and records the cost of the obligations based on estimates. The net periodic costs are recognized as employees render the services necessary to earn the benefits. Several assumptions are used to calculate the expense and liability related to the plans including the discount rate, the expected rate of return on plan assets, the future rate of compensation increases and health care cost increases. The discount rate is selected based on a bond pricing model that relates to the projected future cash flows of benefit obligations. Actuarial assumptions used are based on demographic factors such as retirement and mortality. Actual results could vary materially from the Company’s actuarial assumptions, which may have an impact on the amount of reported expense or liability for pension or postretirement benefits.

Item 4. Controls and Procedures

The Company’s controls and procedures include those designed to ensure that material information is accumulated and communicated to the Company’s management as appropriate to allow timely decisions regarding required disclosure. Under the supervision and with the participation of management, the Company’s chief executive officer and chief financial officer evaluated the effectiveness of the Company’s disclosure controls and procedures designed to ensure that information is recorded, processed, summarized and reported in a timely manner as required by Exchange Act reports such as this Form 10-Q and concluded that as of the end of the Company’s most recent fiscal quarter they are effective.

There have not been any changes in the Company’s internal controls over financial reporting during the quarter ended March 31, 2012 that have materially affected or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

PART II. OTHER INFORMATION

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Period	Total Number of Shares Purchased		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

01/01/12 to 01/31/12	—		—		—	—
02/01/12 to 02/29/12	3,109	(1)	$	7.10	—	—
03/01/12 to 03/31/12	—		—		—	—
Total	3,109		$	7.10	—	—

(1) As permitted under the Company’s equity compensation plan, these shares were withheld by the Company to satisfy tax withholding obligations for employees in connection with the vesting of stock. Shares withheld for tax withholding obligations do not affect the total number of shares available for repurchase under any approved common stock repurchase plan. At March 31, 2012, the Company did not have an authorized stock repurchase plan in place.

Item 5. Other Information

The Company held its annual stockholders’ meeting on May 10, 2012. At the annual meeting, the stockholders of the Company (i) elected the nine director nominees and (ii) ratified the appointment of Ehrhardt Keefe Steiner Hottman PC (“EKS&H”) as the Company’s independent registered public accounting firm for the 2012 fiscal year.

The results of the voting for the nine director nominees were as follows:

Table of Contents

Nominee	For	Against	Abstentions	Broker Non- votes
D.D. Hock	4,694,708	11,039	34,221	3,083,840
Gerald J. Laber	4,696,050	9,689	34,229	3,083,840
G.J. Pilmanis	4,692,904	12,835	34,229	3,083,840
M.M. Robert	4,694,985	10,762	34,221	3,083,840
S.R. (Rollie) Heath, Jr.	4,695,106	10,841	34,021	3,083,840
Joseph W. Bagan	4,669,572	37,175	33,221	3,083,840
Richard D. Federico	4,683,682	22,065	34,221	3,083,840
R.D. Smith	4,687,017	18,730	34,221	3,083,840
R.S. Warzala	4,692,023	13,724	34,221	3,083,840

The results of the voting for the ratification of EKS&H as the Company’s independent registered public accounting firm for the 2012 fiscal year were as follows:

For		Against		Abstentions
7,773,394		35,048		15,366

Item 6. Exhibits

(a) Exhibits

10.1 Sixth Amendment to Credit Agreement dated as of April 20, 2012, among Allied Motion Technologies Inc., Allied Motion Technologies B.V., JPMorgan Chase Bank, N.A., and J.P. Morgan Europe Limited.

31.1 Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2 Certification of the Chief Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1 Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2 Certification of 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.

101 The following materials from Allied Motion Technologies Inc.’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2012, formatted in XBRL (eXtensible Business Reporting Language): (i) consolidated balance sheets, (ii) consolidated statements of operations, (iii) consolidated statements of cash flows and (iv) the notes to the consolidated financial statements, tagged as block of text.*

* Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

Table of Contents

SIGNATURES

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.

DATE:	May 14, 2012	ALLIED MOTION TECHNOLOGIES INC.

		By:	/s/ Richard D. Smith
			Richard D. Smith

		Executive Chairman of the Board and Chief Financial Officer

EX-10.1 2 a12-7847_1ex10d1.htm EX-10.1

Exhibit 10.1

SIXTH AMENDMENT TO CREDIT AGREEMENT

THIS SIXTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of April 20, 2012, is among ALLIED MOTION TECHNOLOGIES INC., a Colorado corporation (the “US Borrower”), ALLIED MOTION TECHNOLOGIES B.V., a Dutch Closed Company with Limited Liability (the “EUR Borrower,” and together with the US Borrower, the “Borrowers”), the Lenders under the Credit Agreement (as defined below), JPMORGAN CHASE BANK, N.A., as a Lender and as Administrative Agent (in such capacity, the “Administrative Agent”) under the Credit Agreement, and J.P. MORGAN EUROPE LIMITED, as EUR Agent (the “EUR Agent,” and together with the Administrative Agent, the “Agents”) under the Credit Agreement. Capitalized terms used and not otherwise defined in this Amendment shall have the same meanings in this Amendment as set forth in the Credit Agreement.

RECITALS

A. The Borrowers, the Lenders, the Administrative Agent and the EUR Agent are parties to that certain Credit Agreement, dated as of May 7, 2007, as amended by that certain Waiver and First Amendment to Credit Agreement, dated as of August 3, 2009, that certain Second Amendment to Credit Agreement, dated as of July 30, 2010, that certain Third Amendment to Credit Agreement, dated as of October 26, 2010, that certain Fourth Amendment to Credit Agreement, dated as of March 28, 2011, and that certain Fifth Amendment to Credit Agreement, dated as of August 3, 2011 (as so amended, the “Credit Agreement”).

B. The Parties desire to amend the terms and conditions of the Credit Agreement subject to and as more fully set forth in this Amendment.

AGREEMENT

IN CONSIDERATION of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Borrowers, the Lenders and the Agents agree as follows:

1. Amendments to Credit Agreement. Effective as of the Sixth Amendment Effective Date (as defined below), and upon the terms and subject to the conditions set forth in this Amendment, the Credit Agreement is hereby amended as follows:

(a) Section 5.10 of the Credit Agreement is hereby deleted and replaced in full by the following:

SECTION 5.10 Consignments. Except for (i) inventory delivered to and located at vendors of any US Obligor (for the purpose of “outside processing”) with aggregate invoice prices in the aggregate for all such inventory not to exceed $250,000 at any time, (ii) tooling possessed by vendors of any US Obligor and permitted under Section 5.09(d) in the

ordinary course of business consistent with past practice, and (iii) other consignment inventory of any US Obligor with invoice prices in the aggregate for all US Obligors for all such consignment inventory not to exceed $1,000,000 at any time, no US Obligor shall co-mingle its inventory or other goods with any goods of its customers or any other person (whether pursuant to any bill and hold sale or otherwise). Upon the reasonable request of the Administrative Agent, each US Loan Party agrees to take all necessary action under Section 9-324 of the UCC to protect and perfect its interest in all such goods and inventory described in clauses (i) through (iii) above.

2. Other Agreements.

(a) The Borrowers, Lenders and Agents agree that all of the Loan Documents are hereby amended to reflect the amendments set forth herein and that no further amendments to any Loan Documents are required to reflect the foregoing.

(b) All references in any document to “Credit Agreement” or any “Loan Document” shall refer to the Credit Agreement or any such Loan Document, as amended pursuant to this Amendment.

3. Conditions Precedent. The effectiveness of this Amendment is subject to the satisfaction of the following conditions (the date that all such conditions are satisfied, the “Sixth Amendment Effective Date”):

(a) The Agents shall have received:

(i) from each party hereto a counterpart of this Amendment signed on behalf of such party; and

(ii) such other documents, certificates and instruments as the Agents or any Lender or its counsel may have reasonably requested, such documents, certificates and instruments to be satisfactory to the Agents, the Lenders and their counsel in all respects in their sole discretion.

(b) All governmental and third party approvals necessary or, in the discretion of the Lenders, advisable in connection with the financing contemplated hereby and the continuing operations of the Borrower and its Subsidiaries shall have been obtained and be in full force and effect.

(c) The Agents and the Lenders shall have received all fees and other amounts due and payable on or prior to the Sixth Amendment Effective Date, including to the extent invoiced, reimbursement or payment of all out-of-pocket expenses (including, without limitation, reasonable fees, disbursements and other charges of counsel) required to be reimbursed or paid by the Borrowers or any other Loan Party hereunder or under any separate agreements.

4. Representations, Warranties and Covenants. The Borrowers hereby certify to the Lenders that as of the date of this Amendment and as of the Sixth Amendment Effective Date (after giving effect to this Amendment and the transactions contemplated hereby) all of the Borrowers’ representations and warranties contained in the Credit Agreement and each of the Loan Documents are true, accurate and complete, and no “Default” or “Event of Default” exists under (and as defined in) the Credit Agreement or any of the Loan Documents. Without limiting the generality of the foregoing, each Borrower represents and warrants that (i) the execution and delivery of this Amendment has been authorized by all necessary action on the part of such Borrower, (ii) the person executing this Amendment on behalf of such Borrower is duly authorized to do so, and (iii) this Amendment constitutes the legal, valid, binding and enforceable obligation of such Borrower, enforceable against such Borrower in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

5. Additional Documents. Borrowers shall execute and deliver, and shall cause to be executed and delivered, to the Agents or the Lenders at any time and from time to time such documents and instruments, including without limitation additional amendments to the Credit Agreement and the Loan Documents, as the Agents or the Lenders may reasonably request to confirm and carry out the transactions contemplated hereby or by any other Loan Documents executed in connection herewith.

6. Continuation of the Credit Agreement and Loan Documents. Except as specified in this Amendment, the provisions of the Credit Agreement and the Loan Documents shall remain in full force and effect, and if there is a conflict between the terms of this Amendment and those of the Credit Agreement or the Loan Documents, the terms of this Amendment shall control. This Amendment is a Loan Document.

7. Ratification and Reaffirmation of Obligations by Borrower. Each Borrower hereby (a) ratifies and confirms all of its Obligations under the Credit Agreement and each of the other Loan Documents, and acknowledges and agrees that such Obligations remain in full force and effect, and (b) ratifies, reaffirms and reapproves in favor of the Agents and each Lender, as applicable, the terms and provisions of the Credit Agreement and each of the other Loan Documents, including (without limitation), its pledges and other grants of Liens and security interests pursuant to the Collateral Documents. Without limiting the foregoing, the US Borrower acknowledges and agrees that all Collateral pledged by it pursuant to any Collateral Document secures the Obligations as such term is amended herein.

8. Release and Indemnification.

(a) Each Borrower and each Guarantor hereby fully, finally, and forever releases and discharges the Agents and each Lender, and their respective successors, assigns, directors, officers, employees, agents and representatives, from any and all causes of action, claims, debts, demands and liabilities, of whatever kind or nature, in law or equity, of any Borrower or any Guarantor, whether now known or unknown to any Borrower or any Guarantor in respect of (a) the Obligations under the Credit Agreement and each of the other Loan Documents or (b) the

actions or omissions of any Agent or any Lender in any manner related to the Obligations under the Credit Agreement and each of the other Loan Documents; provided that this Section shall only apply to and be effective with respect to events or circumstances existing or occurring prior to and including the date of this Amendment.

(b) Without limiting Section 9.03 of the Credit Agreement, each Borrower and each Guarantor hereby agrees to indemnify, defend, and hold harmless each and all of the Agents and Lenders (each an “Indemnified Party” and collectively the “Indemnified Parties”) from and against any and all accounts, covenants, agreements, obligations, claims, debts, liabilities, offsets, demands, costs, expenses, actions or causes of action of every nature, character and description, whether arising at law or equity or under statute, regulation or otherwise, and whether liquidated or unliquidated, contingent or noncontingent, known or unknown, suspected or unsuspected (“Claims”), arising from or made under any legal theory, which any of Indemnified Parties may incur as a direct or indirect consequence of or in relation to any acts or omissions of any Borrower or any Guarantor arising from or relating to any of: (i) the Loan Documents; (ii) this Amendment; or (iii) any documents executed by any Borrower or any Guarantor in connection with this Amendment. Should any Indemnified Party incur any such Claims, or defense of or response to any Claims or demand related thereto, the amount thereof, including costs, expenses and attorneys’ fees, shall be added to the amounts due under the Loan Documents, and shall be secured by any and all liens created under and pursuant to the Loan Documents. This indemnity shall survive until the Obligations have been indefeasibly paid in full and the termination, release or discharge of any Borrower and any Guarantor. To the extent permissible under applicable law, this indemnity shall not limit any other rights of indemnification, subrogation or assignment, whether explicit, implied, legal or equitable, that any Indemnified Party may have; provided that no Indemnified Party shall have the right to indemnification to the extent that a Claim arises out of the Indemnified Party’s gross negligence or willful misconduct.

9. Miscellaneous.

(a) THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS (WITHOUT REGARD TO THE CONFLICT OF LAWS PROVISIONS) OF THE STATE OF COLORADO, BUT GIVING EFFECT TO FEDERAL LAWS APPLICABLE TO NATIONAL BANKS. This Amendment shall be binding upon and inure to the benefit of the parties hereto and their successors and permissible assigns.

(b) All representations and warranties made in this Amendment, the Credit Agreement or any Loan Document including any Loan Document furnished in connection with this Amendment shall survive the execution and delivery of this Amendment and the other related Loan Documents, and no investigation by the Agents or any Lender or any closing shall affect the representations and warranties or the right of the Agents or any Lender to rely upon them.

(c) This Amendment and all documents to be executed and delivered hereunder may be delivered in the form of a facsimile copy, subsequently confirmed by delivery of the

originally executed document. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument.

(d) This Amendment, the Credit Agreement, the other Loan Documents, and all other instruments, documents and agreements executed and delivered in connection with this Amendment, the Credit Agreement and the other Loan Documents, embody the final, entire agreement among the parties hereto with respect to the subject matter hereof. There are no oral agreements among the parties hereto. This Amendment may not be amended or modified orally, but only by a written agreement meeting the requirements of Section 9.02 of the Credit Agreement.

(e) The section headings herein are for convenience only and shall not affect the construction hereof.

(f) Other than as expressly stated herein, this Amendment and the amendments set forth herein do not constitute a waiver by Lenders and Agents of Borrower’s or any other Loan Party’s compliance with any covenants, or a waiver of any Defaults or Events of Default, under the Credit Agreement or any of the Loan Documents, and shall not entitle the Borrowers or any other Loan Party to any similar or other amendments in the future. Without limiting the foregoing, except as specifically set forth herein, Lenders and Agents continue to reserve all rights and remedies available to Lenders and Agent under the Credit Agreement and the Loan Documents, under law (including without limitation Article 9 of the Uniform Commercial Code) and at equity.

(g) In case any provision of or obligation under this Amendment shall be held by any court of competent jurisdiction to be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby.

[Remainder of page intentionally left blank; signature pages follow.]

IN WITNESS WHEREOF, the Borrowers, the Lenders and the Agents have executed this Sixth Amendment to Credit Agreement as of the date first above written.

	ALLIED MOTION TECHNOLOGIES INC., as US Borrower


	By:
	Name:	Susan M. Chiarmonte
	Title:	Vice President


	ALLIED MOTION TECHNOLOGIES B.V., as EUR Borrower


	By:
	Name:	Richard D. Smith
	Title:	Director


	JPMORGAN CHASE BANK, N.A., individually and as Administrative Agent


	By:
		Karen Lowe
		Senior Vice President


	J.P. MORGAN EUROPE LIMITED, as EUR Agent


	By:
	Name:
	Title:

[Signature Page to Sixth Amendment to Credit Agreement]

ACKNOWLEDGMENT AND CONSENT BY GUARANTORS:

Each of the undersigned hereby (i) acknowledges the accuracy of the Recitals in the foregoing Amendment, (ii) consents to the modification of the Credit Agreement and the other Loan Documents and to all other matters in the foregoing Amendment, (iii) reaffirms the respective Guaranty Agreement executed by the undersigned and any other agreements, documents and instruments securing or otherwise related thereto (collectively, the “Guarantor Documents”), (iv) acknowledges that the Guarantor Documents continue in full force and effect, remain unchanged, are valid, binding and enforceable in accordance with their respective terms and guaranty or secure, as the case may be, the Obligations under the Credit Agreement, (v) agrees that all references, if any, in the Guarantor Documents to the Credit Agreement and the other Loan Documents are modified to refer to those documents as modified by the Amendment, and (vi) agrees to be bound by the release of the Agents and the Lenders as set forth in the Amendment. Without limiting the foregoing, each US Facility Guarantor acknowledges and agrees that all Collateral pledged by it pursuant to any Collateral Document secures the Obligations. The undersigned Guarantors hereby certify to the Lenders that, as of the date of the Amendment and as of the Effective Date (after giving effect to the Amendment), all of the Guarantors’ representations and warranties contained in each of the Loan Documents are true, accurate and complete, and no “Default” or “Event of Default” exists under (and as defined in) the Credit Agreement or any of the Loan Documents. Without limiting the generality of the foregoing, each Guarantor represents and warrants that (i) the execution and delivery of this Acknowledgement and Consent by Guarantors has been authorized by all necessary action on the part of such Guarantor, (ii) the person executing this Acknowledgement and Consent by Guarantors on behalf of such Guarantor is duly authorized to do so, and (iii) this Acknowledgement and Consent by Guarantors constitutes the legal, valid, binding and enforceable obligation of such Guarantor, enforceable against such Guarantor in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law. All capitalized terms above not otherwise defined have the meanings given them in the foregoing Amendment.

	ALLIED MOTION CONTROL CORPORATION


	By:
	Name:	Susan M. Chiarmonte
	Title:	Secretary


	COMPUTER OPTICAL PRODUCTS, INC.


	By:
	Name:	Susan M. Chiarmonte
	Title:	Secretary

[Sixth Amendment to Credit Agreement (Acknowledgment and Consent by Guarantors)]

	EMOTEQ CORPORATION


	By:
	Name:	Susan M. Chiarmonte
	Title:	Secretary


	MOTOR PRODUCTS CORPORATION


	By:
	Name:	Susan M. Chiarmonte
	Title:	Secretary


	AMOT I, INC.


	By:
	Name:	Susan M. Chiarmonte
	Title:	Secretary


	AMOT II, INC.


	By:
	Name:	Susan M. Chiarmonte
	Title:	Secretary


	AMOT III, INC.


	By:
	Name:	Susan M. Chiarmonte
	Title:	Secretary


	STATURE ELECTRIC, INC.


	By:
	Name:	Susan M. Chiarmonte
	Title:	Secretary

[Sixth Amendment to Credit Agreement (Acknowledgment and Consent by Guarantors)]

	PRECISION MOTOR TECHNOLOGY B.V.


	By:
	Name:	Richard D. Smith
	Title:	Director


	ÖSTERGRENS ELMOTOR AB


	By:
	Name:	Susan M. Chiarmonte
	Title:	Authorized Representative

[Sixth Amendment to Credit Agreement (Acknowledgment and Consent by Guarantors)]

EX-31.1 3 a12-7847_1ex31d1.htm EX-31.1

EXHIBIT 31.1

CERTIFICATION

I, Richard S. Warzala, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Allied Motion Technologies Inc. (the “registrant”);

2. Based on my knowledge, this 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 present 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 control 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 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. 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 controls over financial reporting.

Date: May 14, 2012	/s/ Richard S. Warzala
	Richard S. Warzala
	Chief Executive Officer

EX-31.2 4 a12-7847_1ex31d2.htm EX-31.2

EXHIBIT 31.2

CERTIFICATION

I, Richard D. Smith, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Allied Motion Technologies Inc. (the “registrant”);

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

Date: May 14, 2012	/s/ Richard D. Smith
	Richard D. Smith
	Executive Chairman of the Board and Chief Financial Officer

EX-32.1 5 a12-7847_1ex32d1.htm EX-32.1

EXHIBIT 32.1

Certification of Periodic Financial Reports

Pursuant to 18 U.S.C. Section 1350

Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned officer of Allied Motion Technologies Inc. (the “Company”) certifies to his knowledge that:

(1) The Quarterly Report on Form 10-Q of the Company for the quarterly period ended March 31, 2012 fully complies with the requirements of Section 13 (a) or 15 (d) of the Securities Exchange Act of 1934; and

(2) The information contained in that Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: May 14, 2012	/s/ Richard S. Warzala
	Richard S. Warzala
	Chief Executive Officer

EX-32.2 6 a12-7847_1ex32d2.htm EX-32.2

EXHIBIT 32.2

Certification of Periodic Financial Reports

Pursuant to 18 U.S.C. Section 1350

(2) The information contained in that Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: May 14, 2012	/s/ Richard D. Smith
	Richard D. Smith
	Chief Financial Officer

EX-101.INS 7 amot-20120331.xml XBRL INSTANCE DOCUMENT 0000046129 2011-12-31 0000046129 2012-03-31 0000046129 2011-01-01 2011-03-31 0000046129 2012-01-01 2012-03-31 0000046129 2011-03-31 0000046129 2010-12-31 0000046129 2012-05-12 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

8466000

8649000

50000000

284000

197000

1.00

5000000

24000

1807000

6142000

180000

1534000

2966000

1462000

7949000

18775000

26724000

1158000

450000

1608000

10000

17000

7000

1598000

6039000

1553000

2947000

1365000

7637000

19210000

26847000

8495000

8565000

8279000

8565000

0.14

0.15

0.14

1213000

571000

1784000

-23000

1000

-760000

428000

332000

-653000

-768000

988000

404000

995000

1447000

-218000

542000

36322000

-1216000

15970000

21568000

22365000

3516000

1736000

973000

16140000

1272000

1313000

6800000

6598000

157000

58687000

5665000

2936000

4326000

7352000

38408000

1881000

1254000

14429000

11689000

9155000

56547000

38360000

-701000

16912000

22149000

18187000

3528000

1924000

970000

11765000

481000

4828000

6298000

158000

56547000

5835000

2841000

4321000

7631000

35919000

3046000

1097000

14652000

12543000

4581000

58687000

5000000

-4574000

113000

223000

439000

-1936000

586000

1350000

-2974000

-2642000

-395000

1150000

42000

717000

-325000

489000

2317000

3553000

-1236000

82000

95000

<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> 7.              Intangible Assets   Intangible assets on the Company’s consolidated balance sheets consist of the following (in thousands):   <table style="MARGIN-LEFT: 0.6in; WIDTH: 92%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="92%" border="0"> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 51.64%; PADDING-TOP: 0in" valign="bottom" width="51%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> March 31, 2012</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> December 31, 2011</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%"> Estimated Life</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.08%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 51.64%; PADDING-TOP: 0in" valign="top" width="51%" bgcolor="#CCEEFF"> Amortizable intangible assets</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="13%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.08%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 51.64%; PADDING-TOP: 0in" valign="top" width="51%"> Customer lists</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.4%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 11.64%; PADDING-TOP: 0in" valign="bottom" width="11%"> 4,387</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.4%; PADDING-TOP: 0in" valign="bottom" width="1%"> $</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 11.64%; PADDING-TOP: 0in" valign="bottom" width="11%"> 4,315</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%"> 8-10 years</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.08%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 51.64%; PADDING-TOP: 0in" valign="top" width="51%" bgcolor="#CCEEFF"> Trade name</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 946</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 946</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" bgcolor="#CCEEFF"> 10 years</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.08%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 51.64%; PADDING-TOP: 0in" valign="top" width="51%"> Design and technologies</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" colspan="2"> 2,649</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" colspan="2"> 2,575</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%"> 8-10 years</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.08%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 51.64%; PADDING-TOP: 0in" valign="top" width="51%" bgcolor="#CCEEFF"> Patents</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 24</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 24</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.08%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 51.64%; PADDING-TOP: 0in" valign="top" width="51%"> Accumulated amortization</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> (5,165</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0.375pt; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%"> )</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> (4,924</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0.375pt; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%"> )</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.08%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 51.64%; PADDING-TOP: 0in" valign="top" width="51%" bgcolor="#CCEEFF"> Total intangible assets</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.4%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.64%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="11%" bgcolor="#CCEEFF"> 2,841</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.4%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.64%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="11%" bgcolor="#CCEEFF"> 2,936</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.08%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr></table>   Amortization expense for intangible assets for the quarters ended March 31, 2012 and 2011 was $174,000 and $180,000, respectively.  </td></tr></table>

<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman',times,serif"> <tr> <td> 3.              Property, Plant and Equipment   Property, plant and equipment is classified as follows (in thousands):   <table style="MARGIN-LEFT: 0.6in; WIDTH: 92%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="92%" border="0"> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="bottom" width="67%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> March 31, 2012</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> December 31, 2011</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.04%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%" bgcolor="#CCEEFF"> Land</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.72%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="11%" bgcolor="#CCEEFF"> 290</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.72%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="11%" bgcolor="#CCEEFF"> 290</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.04%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%"> Building and improvements </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" colspan="2"> 3,490</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" colspan="2"> 3,387</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.04%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%" bgcolor="#CCEEFF"> Machinery, equipment, tools and dies</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 12,987</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 12,633</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.04%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%"> Furniture, fixtures and other</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> 3,253</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> 3,037</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.04%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="bottom" width="67%" bgcolor="#CCEEFF">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 20,020</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 19,347</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.04%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%"> Less accumulated depreciation </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> (12,389</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0.375pt; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%"> )</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> (11,995</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0.375pt; WIDTH: 1.04%; PADDING-TOP: 0in" valign="bottom" width="1%"> )</td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%" bgcolor="#CCEEFF"> Property, Plant and Equipment, net</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.72%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="11%" bgcolor="#CCEEFF"> 7,631</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.72%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.72%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="11%" bgcolor="#CCEEFF"> 7,352</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.04%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr></table>   Depreciation expense was approximately $315,000 and $362,000 for the quarters ended March 31, 2012 and 2011, respectively.  </td></tr></table></td></tr></table>

<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> 2.              Inventories   Inventories, valued at the lower of cost (first-in, first-out basis) or market, are as follows (in thousands):   <table style="MARGIN-LEFT: 0.6in; WIDTH: 92%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="92%" border="0"> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="bottom" width="67%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> March 31, 2012</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" colspan="2"> December 31, 2011</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.1%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%" bgcolor="#CCEEFF"> Parts and raw materials</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.72%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="11%" bgcolor="#CCEEFF"> 11,830</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="1%" bgcolor="#CCEEFF"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.72%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="11%" bgcolor="#CCEEFF"> 11,268</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.1%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%"> Work-in process</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" colspan="2"> 2,284</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 13.04%; PADDING-TOP: 0in" valign="bottom" width="13%" colspan="2"> 2,017</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.1%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%" bgcolor="#CCEEFF"> Finished goods </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 2,527</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> 3,090</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.1%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="bottom" width="67%">  </td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="13%" colspan="2"> 16,641</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="13%" colspan="2"> 16,375</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.1%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%" bgcolor="#CCEEFF"> Less reserves</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> (1,989</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0.375pt; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF"> )</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 13.04%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="13%" bgcolor="#CCEEFF" colspan="2"> (1,946</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0.375pt; WIDTH: 1.1%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF"> )</td></tr> <tr style="HEIGHT: 0px"> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 67.44%; PADDING-TOP: 0in" valign="top" width="67%"> Inventories, net</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="1%"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.72%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="11%"> 14,652</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.7%; PADDING-TOP: 0in" valign="bottom" width="2%">  </td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.32%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="1%"> $</td> <td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 11.72%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="11%"> 14,429</td> <td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.1%; PADDING-TOP: 0in" valign="bottom" width="1%">  </td></tr></table>  </td></tr></table>

ALLIED MOTION TECHNOLOGIES INC 0000046129 10-Q 2012-03-31 false --12-31 Yes Smaller Reporting Company 2012 Q1 8639664

174000

1673000

1941000

216000

515000

728000

EX-101.SCH 8 amot-20120331.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 0010 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 0015 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 0020 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME link:presentationLink link:calculationLink link:definitionLink 0030 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 1010 - Disclosure - Basis of Preparation and Presentation link:presentationLink link:calculationLink link:definitionLink 1020 - Disclosure - Inventories link:presentationLink link:calculationLink link:definitionLink 1030 - Disclosure - Property, Plant and Equipment link:presentationLink link:calculationLink link:definitionLink 1040 - Disclosure - Stock-Based Compensation link:presentationLink link:calculationLink link:definitionLink 1050 - Disclosure - Earnings and Dividends per Share link:presentationLink link:calculationLink link:definitionLink 1060 - Disclosure - Segment Information link:presentationLink link:calculationLink link:definitionLink 8110 - Disclosure - Comprehensive Income link:presentationLink link:calculationLink link:definitionLink 1070 - Disclosure - Intangible Assets link:presentationLink link:calculationLink link:definitionLink 1080 - Disclosure - Goodwill link:presentationLink link:calculationLink link:definitionLink 1090 - Disclosure - Contingent Consideration link:presentationLink link:calculationLink link:definitionLink 1100 - Disclosure - Debt Obligations link:presentationLink link:calculationLink link:definitionLink 8000 - Statement - CONSOLIDATED STATEMENTS OF STOCKHOLDERS' INVESTMENT AND COMPREHENSIVE INCOME link:presentationLink link:calculationLink link:definitionLink 8010 - Statement - CONSOLIDATED STATEMENTS OF STOCKHOLDERS' INVESTMENT (EQUITY) AND COMPREHENSIVE INCOME CALC 2 link:presentationLink link:calculationLink link:definitionLink 8100 - Disclosure - Reclassifications link:presentationLink link:calculationLink link:definitionLink 8020 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 8030 - Disclosure - INCOME TAXES link:presentationLink link:calculationLink link:definitionLink 8040 - Disclosure - COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 8050 - Disclosure - DEFERRED COMPENSATION ARRANGEMENTS link:presentationLink link:calculationLink link:definitionLink 8060 - Disclosure - PENSION AND POSTRETIREMENT WELFARE PLANS link:presentationLink link:calculationLink link:definitionLink 8070 - Disclosure - FIRE LOSS AND INSURANCE RECOVERIES link:presentationLink link:calculationLink link:definitionLink 8080 - Disclosure - ACQUISITION OF OSTERGRENS link:presentationLink link:calculationLink link:definitionLink 8090 - Disclosure - SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 9 amot-20120331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 10 amot-20120331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 11 amot-20120331_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE DOCUMENT Document and Entity Information Engineering and Development Expense Engineering and development The aggregate total amount of expenses related to the Engineering of products or services not directly associated with the manufacture or sale of a product line, and the aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility. Stock Issued During Period Value Employee Benefit Plan and Stock Options Exercised Stock transactions under employee benefit stock plans and option exercises Value of shares issued during the period to an employee benefit plan, such as a defined contribution or defined benefit plan and result of the exercise of stock options. Stock Issued During Period Shares Employee Benefit Plan and Stock Options Exercised Stock transactions under employee benefit stock plans and option exercises (in shares) Number of shares issued during the period to an employee benefit plan, such as a defined contribution or defined benefit plan and includes number of share options (or share units) exercised during the current period. Stock Issued During Period Shares Warrants Exercised Number of shares of stock issued during the period that is attributable to transactions involving warrant exercises. Issuance of stock due to warrant exercises (in shares) Unamortized Cost of Equity Awards [Member] Unamortized Cost of Equity Awards Represents unamortized cost of equity awards in the company. Cash Paid Net [Abstract] Net cash paid during the period for: Stock Issued and Consideration Payable from Acquisitions Stock issued and consideration payable from acquisitions The fair value of stock issued and includes consideration payable from acquisitions noncash investing activities. Goodwill DEFERRED COMPENSATION ARRANGEMENTS Deferred Compensation Arrangements Disclosure [Text Block] Disclosure of deferred compensation arrangements with individual employees, which are generally based on employment contracts between the entity and one or more selected officers or key employees, and which contain a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period and the carrying amount as of the balance sheet date of the related liability. Amendment Description Contingent Consideration Amendment Flag Contingent Consideration Disclosure [Text Block] Disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. Contingent Consideration Reclassifications Current Fiscal Year End Date Accounts Receivable, Net, Current Trade receivables, net of allowance for doubtful accounts of $197 and $284 at March 31, 2012 and December 31, 2011, respectively Document Period End Date Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated other comprehensive income Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Filer Category Entity Public Float Entity Registrant Name Entity Central Index Key Entity Common Stock, Shares Outstanding Payments to Acquire Businesses, Net of Cash Acquired Consideration paid for acquisition Other Payments to Acquire Businesses Contingent consideration paid for acquisition Document Fiscal Year Focus Document Fiscal Period Focus Document Type Restricted Stock Compensation Restricted Stock or Unit Expense Allowance for Doubtful Accounts Receivable, Current Trade receivables, allowance for doubtful accounts (in dollars) Amortization of Intangible Assets Amortization of intangible assets Asset Impairment Charges Impairment charges CONDENSED CONSOLIDATED BALANCE SHEETS Earnings Per Share, Basic Earnings per share (in dollars per share) Business Acquisition, Contingent Consideration, at Fair Value Cash and Cash Equivalents, at Carrying Value Cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period Interest Interest Paid Increase (Decrease) in Accounts Receivable Trade receivables Increase (decrease) in income taxes payable Increase (Decrease) in Income Taxes Payable Increase (Decrease) in Inventories Inventories, net Increase (Decrease) in Prepaid Expense and Other Assets Prepaid expenses and other assets Increase (Decrease) in Operating Capital [Abstract] Changes in assets and liabilities: Increase (Decrease) in Accounts Payable Accounts payable Increase (Decrease) in Accrued Liabilities Accrued liabilities Commitments and Contingencies Disclosure [Text Block] COMMITMENTS AND CONTINGENCIES Common Stock, Shares Authorized Common stock, authorized shares Common Stock, Shares, Issued Common stock, shares issued Balances (in shares) Balances (in shares) Common Stock, Shares, Outstanding Common stock, shares outstanding Common stock, no par value, authorized 50,000 shares; 8,649 and 8,466 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively Common Stock, Value, Issued Comprehensive income Comprehensive Income (Loss), Net of Tax, Attributable to Parent Comprehensive Income (Loss) Note [Text Block] Comprehensive Income Cost of Goods Sold Cost of products sold Inventory Write-down Provision for excess and obsolete inventory Liabilities, Current Total Current Liabilities Liabilities, Current [Abstract] Current Liabilities: Debt, Current Debt obligations Debt Disclosure [Text Block] Debt Obligations DEFERRED COMPENSATION ARRANGEMENTS Deferred Income Tax Expense (Benefit) Deferred income taxes Deferred Tax Assets, Net, Current Deferred income taxes Deferred income taxes Deferred Tax Liabilities, Noncurrent Earnings Per Share, Diluted Earnings per share (in dollars per share) Effect of foreign exchange rate changes on cash Effect of Exchange Rate on Cash and Cash Equivalents, Continuing Operations FIRE LOSS AND INSURANCE RECOVERIES Extraordinary Items Disclosure [Text Block] General and Administrative Expense General and administrative Gross margin Gross Profit Gross margin CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME INCOME TAXES Income Tax Disclosure [Text Block] Income taxes Income Taxes Paid, Net Intangible Assets, Net (Excluding Goodwill) Intangible assets, net Intangible Assets Goodwill. Goodwill Interest Expense Interest expense Inventory, Net Inventories, net Liabilities Total Liabilities Total Liabilities and Stockholders' Equity Liabilities and Equity Liabilities and Equity [Abstract] Liabilities and Stockholders' Equity Net Cash Provided by (Used in) Operating Activities, Continuing Operations Net cash used in operating activities Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract] Cash Flows From Operating Activities: Proceeds from (Repayments of) Debt Repayments on lines-of-credit, net Net Income (Loss) Available to Common Stockholders, Basic Net income Net income Nonoperating Income (Expense) Total other income (expense), net Nonoperating Income (Expense) [Abstract] Other income (expense), net: Operating Income (Loss) Operating income Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] Basis of Preparation and Presentation Other Nonoperating Income (Expense) Other income, net Dividends paid Payments of Dividends PENSION AND POSTRETIREMENT WELFARE PLANS Pension and Other Postretirement Benefits Disclosure [Text Block] Preferred Stock, Shares Authorized Preferred stock, authorized shares Preferred Stock, Shares Issued Preferred stock, shares issued Preferred Stock, Shares Outstanding Preferred stock, shares outstanding Preferred Stock, Par or Stated Value Per Share Preferred stock, par value (in dollars per share) Property insurance proceeds from fire loss Proceeds from Insurance Settlement, Investing Activities Property, Plant and Equipment, Net Property, plant and equipment, net Property, Plant and Equipment Payments to Acquire Property, Plant, and Equipment Purchase of property and equipment Repayments of Long-term Debt Repayments on term loans Repayments on term loans Retained Earnings (Accumulated Deficit) Retained earnings Sales Revenue, Goods, Net Revenues Inventory Disclosure [Text Block] Inventories Segment Reporting Disclosure [Text Block] Segment Information Selling and Marketing Expense Selling CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS CONSOLIDATED STATEMENTS OF STOCKHOLDERS' INVESTMENT AND COMPREHENSIVE INCOME Stockholders' Equity Attributable to Parent [Abstract] Stockholders' Equity: Comprehensive Income Supplemental disclosure of cash flow information: Supplemental Cash Flow Information [Abstract] Assets, Current Total Current Assets Assets, Current [Abstract] Current Assets: Weighted Average Number of Shares Outstanding, Diluted Diluted weighted average common shares (in shares) Weighted Average Number of Shares Outstanding, Basic Basic weighted average common shares (in shares) Write off of Deferred Debt Issuance Cost Writeoff of deferred finance costs Common Stock Common Stock [Member] Property, Plant and Equipment Property, Plant and Equipment Disclosure [Text Block] Assets Total Assets Intangible Assets Disclosure [Text Block] Intangible Assets Other Liabilities, Current Contingent consideration Other Liabilities, Noncurrent Contingent consideration Deferred Tax Assets, Net, Noncurrent Deferred income taxes Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Stock-Based Compensation Scenario, Unspecified [Domain] Statement [Table] Statement, Scenario [Axis] Assets [Abstract] Assets Statement [Line Items] Statement FIRE LOSS AND INSURANCE RECOVERIES SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) Quarterly Financial Information [Text Block] Net Cash Provided by (Used in) Investing Activities, Continuing Operations [Abstract] Cash Flows From Investing Activities: Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract] Cash Flows From Financing Activities: Net Cash Provided by (Used in) Investing Activities, Continuing Operations Net cash used in investing activities Net Cash Provided by (Used in) Financing Activities, Continuing Operations Net cash provided by financing activities EX-101.PRE 12 amot-20120331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 13 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; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..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 14 R9.htm IDEA: XBRL DOCUMENT

Stock-Based Compensation

3 Months Ended

Mar. 31, 2012

Stock-Based Compensation

Stock-Based Compensation

4. Stock-Based Compensation

Stock Incentive Plans

Restricted Stock

The following is a summary of restricted stock activity during the quarter ended March 31, 2012:

	Number of Shares
Outstanding at beginning of period	283,608
Granted	134,150
Forfeited	—
Vested	(159,486	)
Outstanding at end of Period	258,272

For the quarter ended March 31, 2012 and 2011, compensation expense, net of forfeitures, of $140,000 and $142,000 was recorded, respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 93-6

-Paragraph 53

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64, 65, A240

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 40

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 50

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

EXCEL 15 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]C935D-&(Q,5\U,6)B7S0W8F5?8F$W-E]D8F1E M8C`S.&0U,&(B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D-/3D1%3E-%1%]#3TY33TQ)1$%4141?4U1!5$5- M13$\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I7 M;W)K#I.86UE/@T*("`@ M(#QX.E=O#I%>&-E M;%=O#I.86UE/E!R;W!E#I7;W)K#I.86UE/@T*("`@(#QX.E=O M#I%>&-E;%=O#I.86UE/D5A#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E-E M9VUE;G1?26YF;W)M871I;VX\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I.86UE/@T*("`@(#QX M.E=O#I%>&-E;%=O M#I.86UE/D=O;V1W:6QL/"]X.DYA;64^#0H@("`@ M/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O6QE#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O M=&5C=%-T#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D M/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D M('=I=&@@36EC'1087)T7V-E-60T8C$Q7S4Q M8F)?-#=B95]B83'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA'0^ M04Q,245$($U/5$E/3B!414-(3D],3T=)15,@24Y#/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$"!+97D\+W1D/@T*("`@("`@("`\=&0@8VQA'0^36%R(#,Q+`T*"0DR,#$R/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^ M9F%L2!#=7)R96YT M(%)E<&]R=&EN9R!3=&%T=7,\+W1D/@T*("`@("`@("`\=&0@8VQA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]C935D-&(Q,5\U,6)B7S0W8F5?8F$W M-E]D8F1E8C`S.&0U,&(-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M8V4U9#1B,3%?-3%B8E\T-V)E7V)A-S9?9&)D96(P,SAD-3!B+U=O'0O:'1M;#L@8VAA M3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M<#XT+#,R,3QS<&%N/CPO&5S('!A>6%B;&4\+W1D/@T*("`@("`@ M("`\=&0@8VQA3H\+W-T3PO=&0^ M#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]C935D-&(Q M,5\U,6)B7S0W8F5?8F$W-E]D8F1E8C`S.&0U,&(-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO8V4U9#1B,3%?-3%B8E\T-V)E7V)A-S9?9&)D96(P M,SAD-3!B+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'!E;G-E*2P@;F5T/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$;G5M<#XQ,#QS<&%N/CPO&5S/"]T M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ+#8P.#QS<&%N/CPO'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$#H\+W-T2!T'1087)T7V-E-60T8C$Q7S4Q8F)?-#=B95]B83'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$2!A;F0@97%U:7!M96YT/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$;G5M/B@U.#8I/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$65E(&)E;F5F:70@&-H86YG M92!R871E(&-H86YG97,@;VX@8V%S:#PO=&0^#0H@("`@("`@(#QT9"!C;&%S M'1087)T7V-E-60T8C$Q7S4Q8F)?-#=B95]B83'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'1A8FQE('-T>6QE/3-$)V9O;G0M3HG5&EM97,@3F5W(%)O;6%N)RQT:6UE6QE/3-$)T9/3E0M5T5) M1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UE MF4],T0R/C$N/"]F;VYT/CPO8CX\8CX\9F]N="!S M='EL93TS1"=&3TY4+5=%24=(5#H@8F]L9#L@1D].5"U325I%.B`S<'0G('-I M>F4],T0Q/B8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C M,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R`\+V9O M;G0^/"]B/CQB/CQU/CQF;VYT('-T>6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD M.R!&3TY4+5-)6D4Z(#$P<'0G('-I>F4],T0R/D)AF4],T0R/D%L;&EE9"!-;W1I;VX@5&5C:&YO;&]G:65S($EN8RX@*'1H92!# M;VUP86YY*2!I6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0@,"XU:6X[(%1%6%0M24Y$14Y4.B`P+C5I;B<^ M/&9O;G0@F4],T0R/E1H92!A M8V-O;7!A;GEI;F<@=6YA=61I=&5D(&-O;F1E;G-E9"!C;VYS;VQI9&%T960@ M9FEN86YC:6%L('-T871E;65N=',@:6YC;'5D92!T:&4@86-C;W5N=',@;V8@ M=&AE($-O;7!A;GD@86YD(&ET2!A8V-O=6YT M6QE/3-$)TU!4D=)3CH@ M,&EN(#!I;B`P<'0@,"XU:6X[(%1%6%0M24Y$14Y4.B`P+C5I;B<^/&9O;G0@ MF4],T0R/E1H92!A&-H86YG92!R871E6EN9R!C;VYD96YS960@8V]N'!E;G-E('1R86YS86-T:6]N2!O M9B!E86-H(%1E8VAN;VQO9WD@56YI="`H)B,X,C(P.U15)B,X,C(Q.RD@87)E M(&EN8VQU9&5D(&EN('1H92!R97-U;'1S(&]F(&]P97)A=&EO;G,@87,@:6YC M=7)R960N/"]F;VYT/CPO<#X-"CQP('-T>6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0@,"XU:6X[(%1%6%0M24Y$14Y4.B`P+C5I;B<^/&9O;G0@F4],T0R/E1H92!C;VYD96YS960@8V]N M2!A8V-E<'1E9"!I;B!T:&4@56YI=&5D(%-T871E M6QE/3-$)T9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0@,"XU:6X[(%1%6%0M24Y$14Y4.B`P+C5I;B<^/&9O;G0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,"XU:6X[(%1% M6%0M24Y$14Y4.B`P+C5I;B<^/&9O;G0@F4],T0R/DET(&ES('-U9V=E65A6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U% M5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O M:'1M;#L@8VAA6QE/3-$)T9/3E0M5T5)1TA4 M.B!B;VQD.R!&3TY4+5-)6D4Z(#-P="<@F4],T0R/DEN=F5N=&]R:65S+"!V86QU960@870@=&AE(&QO=V5R(&]F(&-O M6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/ M3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@ MF4],T0Q/B8C,38P.SPO9F]N=#X\+V(^/"]P/CPO M=&0^#0H\=&0@F4],T0Q/B8C,38P.SPO9F]N=#X\+V(^ M/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q) M1TXZ(&-E;G1EF4],T0Q/B8C,38P.SPO9F]N=#X\+V(^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$ M)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#AP="<@F4] M,T0Q/B8C,38P.SPO9F]N=#X\+V(^/"]P/CPO=&0^/"]T6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO M;F4[(%!!1$1)3D6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[ M(%!!1$1)3DF4],T0R/C$Q+#@S,#PO9F]N=#X\+W`^ M/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1) M3D6QE M/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D6QE/3-$ M)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3DF4],T0R/C$Q+#(V.#PO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS M1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT M('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@ M3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^#0H\ M=&0@6QE/3-$)U!!1$1) M3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT M)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/B8C,38P.SPO9F]N=#X\ M+W`^/"]T9#X\+W1R/@T*/'1R/@T*/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@ M,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4 M+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/D9I;FES:&5D(&=O;V1S(#PO9F]N=#X\+W`^/"]T9#X-"CQT9"!S M='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3D6QE/3-$)T)/4D1%4BU2 M24=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D'0@,7!T('-O;&ED)R!V86QI M9VX],T1B;W1T;VT@=VED=&@],T0Q,R4@8F=C;VQOF4],T0R/C(L-3(W/"]F;VYT/CPO<#X\+W1D/@T*/'1D('-T>6QE M/3-$)U!!1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T M.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V M,#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/ M3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@ MF4],T0R/B8C,38P.SPO M9F]N=#X\+W`^/"]T9#X\+W1R/@T*/'1R/@T*/'1D('-T>6QE/3-$)U!!1$1) M3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N M="!S='EL93TS1"=&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N M)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT M('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N M)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT M('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N M)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^/"]T6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM M97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^ M#0H\=&0@6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG M;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3DF4],T0R/BD\+V9O;G0^/"]P/CPO=&0^#0H\ M=&0@6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS M1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U& M04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3DF4],T0R/BD\+V9O;G0^/"]P/CPO=&0^/"]T6QE/3-$ M)U!!1$1)3D6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF M(S$V,#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D'0@,BXR-7!T(&1O=6)L M92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,3$E/@T*/'`@F4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T M9#X-"CQT9"!S='EL93TS1"="3U)$15(M4DE'2%0Z(&UE9&EU;2!N;VYE.R!0 M041$24Y'+5))1TA4.B`P:6X[($)/4D1%4BU43U`Z(&UE9&EU;2!N;VYE.R!0 M041$24Y'+4Q%1E0Z(#!I;CL@4$%$1$E.1RU"3U143TTZ(#!I;CL@0D]21$52 M+4Q%1E0Z(&UE9&EU;2!N;VYE.R!724142#H@,2XS,B4[(%!!1$1)3D'0@,BXR-7!T(&1O=6)L M92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,24^#0H\<"!S='EL93TS1"=- M05)'24XZ(#!I;B`P:6X@,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z M(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R M/B0\+V9O;G0^/"]P/CPO=&0^#0H\=&0@F4],T0R/C$T+#0R.3PO9F]N=#X\+W`^/"]T9#X-"CQT9"!S M='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<@7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA2P@4&QA;G0@ M86YD($5Q=6EP;65N=#QB6QE M/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#$P<'0[($9/3E0M M1D%-24Q9.B!4:6UEF4],T0R/C,N/"]F;VYT/CPO M8CX\8CX\9F]N="!S='EL93TS1"=&3TY4+5=%24=(5#H@8F]L9#L@1D].5"U3 M25I%.B`S<'0G('-I>F4],T0Q/B8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C M,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P M.R8C,38P.R`\+V9O;G0^/"]B/CQB/CQU/CQF;VYT('-T>6QE/3-$)T9/3E0M M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#$P<'0G('-I>F4],T0R/E!R;W!E M6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0@,"XU:6X[(%1%6%0M24Y$14Y4.B`P+C5I;B<^/&9O M;G0@2P@<&QA;G0@86YD(&5Q M=6EP;65N="!I6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0G/B8C,38P.SPO<#X-"CQT86)L92!S='EL93TS1"=-05)'24XM3$5&5#H@ M,"XV:6X[(%=)1%1(.B`Y,B4[($)/4D1%4BU#3TQ,05!313H@8V]L;&%PF4],T0Q/DUAF4],T0Q/D1E8V5M8F5R)B,Q-C`[,S$L/&)R("\^#0HR,#$Q/"]F;VYT/CPO M8CX\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[ M(%!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,3!P M=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-) M6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4] M,T0R/DQA;F0\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0G/B8C,38P.SPO<#X\+W1D/@T*/'1D('-T>6QE/3-$)T)/4D1%4BU2 M24=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D6QE/3-$)T)/4D1%4BU224=( M5#H@;65D:75M(&YO;F4[(%!!1$1)3DF4],T0R/C(Y M,#PO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4 M.B`P:6X[(%!!1$1)3DF4],T0R/B0\+V9O M;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG M;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D]. M5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS M1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/D)U:6QD:6YG(&%N9"!I;7!R;W9E;65N=',@/"]F;VYT M/CPO<#X\+W1D/@T*/'1D('-T>6QE/3-$)U!!1$1)3DF4],T0R/C,L-#DP/"]F;VYT/CPO M<#X\+W1D/@T*/'1D('-T>6QE/3-$)U!!1$1)3DF4],T0R/C,L,S@W/"]F;VYT/CPO<#X\ M+W1D/@T*/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@ M,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4 M+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/DUA8VAI;F5R>2P@97%U:7!M96YT+"!T;V]L6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/B8C,38P.SPO<#X\+W1D/@T* M/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/ M3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@ M6QE/3-$ M)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,3!P=#L@5$585"U)3D1%3E0Z M("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M M1D%-24Q9.B!4:6UEF4],T0R/D9U6QE M/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1% M6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<@6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0G/B8C,38P.SPO<#X\+W1D/CPO='(^#0H\ M='(^#0H\=&0@6QE/3-$)TU!4D=)3CH@ M,&EN(#!I;B`P<'0G/B8C,38P.SPO<#X\+W1D/@T*/'1D('-T>6QE/3-$)T)/ M4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3DF4],T0R/C$Y+#,T-SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS M1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3D6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/B8C,38P.SPO<#X\+W1D/@T*/'1D M('-T>6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D'0@,7!T('-O;&ED)R!V86QI9VX] M,T1B;W1T;VT@=VED=&@],T0Q,R4@8V]LF4],T0R/B@Q,BPS.#D\ M+V9O;G0^/"]P/CPO=&0^#0H\=&0@F4],T0R/BD\+V9O;G0^/"]P M/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ M(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!! M1$1)3D6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL M93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/E!R;W!E6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0G/B8C,38P.SPO<#X\+W1D/@T*/'1D('-T>6QE/3-$)T)/4D1%4BU224=( M5#H@;65D:75M(&YO;F4[(%!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA M;B<@'0@,7!T('-O;&ED.R!0041$24Y'+4Q% M1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C965F9CL@4$%$1$E.1RU"3U143TTZ M(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!724142#H@,3$N-S(E M.R!0041$24Y'+51/4#H@,&EN.R!"3U)$15(M0D]45$]-.B!W:6YD;W=T97AT M(#(N,C5P="!D;W5B;&4G('9A;&EG;CTS1&)O='1O;2!W:61T:#TS1#$Q)2!B M9V-O;&]R/3-$(T-#145&1CX-"CQP('-T>6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT M('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/B8C,38P.SPO<#X\+W1D/@T*/'1D M('-T>6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U& M04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@'0@ M,7!T('-O;&ED.R!0041$24Y'+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C M965F9CL@4$%$1$E.1RU"3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU M;2!N;VYE.R!724142#H@,3$N-S(E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$ M15(M0D]45$]-.B!W:6YD;W=T97AT(#(N,C5P="!D;W5B;&4G('9A;&EG;CTS M1&)O='1O;2!W:61T:#TS1#$Q)2!B9V-O;&]R/3-$(T-#145&1CX-"CQP('-T M>6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT M)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/B8C,38P.SPO<#X\+W1D/CPO='(^/"]T86)L93X-"CQP('-T>6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0@,"XU:6XG/B8C,38P.SPO<#X-"CQP('-T>6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,"XU:6X[(%1%6%0M24Y$14Y4.B`P M+C5I;B<^/&9O;G0@2`D,S$U+#`P,"!A;F0@)#,V,BPP M,#`@9F]R('1H92!Q=6%R=&5R6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/B8C,38P.SPO<#X\+W1D/CPO='(^ M/"]T86)L93X\+W1D/CPO='(^/"]T86)L93X-"CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U% M5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O M:'1M;#L@8VAA6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD M.R!&3TY4+5-)6D4Z(#-P="<@F4],T0R/E-T;V-K($EN8V5N=&EV92!0;&%N M6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0[(%1%6%0M24Y$14Y4.B`P+C5I;B<^/&9O;G0@F4],T0R/E1H92!#;VUP86YY)B,X,C$W.W,@ M4W1O8VL@26YC96YT:79E(%!L86YS('!R;W9I9&4@9F]R('1H92!GF4],T0R/B8C,38P.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS1"=- M05)'24XZ(#!I;B`P:6X@,'!T.R!415A4+4E.1$5.5#H@,"XU:6XG/CQB/CQI M/CQF;VYT('-T>6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z M(#$P<'0[($9/3E0M4U193$4Z(&ET86QI8SL@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ M(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,"XU:6X[(%1%6%0M M24Y$14Y4.B`P+C5I;B<^/&9O;G0@2!T:')E92!Y96%R2!O9B!R97-T MF4],T0R/B8C,38P.SPO9F]N=#X\+W`^#0H\=&%B;&4@F4],T0Q/B8C,38P.SPO9F]N=#X\+V(^/"]P M/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M M04Q)1TXZ(&-E;G1E6QE/3-$)T)/4D1%4BU224=(5#H@;65D M:75M(&YO;F4[(%!!1$1)3D'0@ M,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@=VED=&@],T0R,R4^#0H\<"!S M='EL93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T.R!415A4+4%,24=..B!C96YT M97(G(&%L:6=N/3-$8V5N=&5R/CQB/CQF;VYT('-T>6QE/3-$)T9/3E0M5T5) M1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#AP=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@F4] M,T0Q/B8C,38P.SPO9F]N=#X\+V(^/"]P/CPO=&0^/"]T6QE/3-$ M)TU!4D=)3CH@,&EN(#!I;B`P<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T M)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9 M.B!4:6UEF4],T0R/D]U='-T86YD:6YG(&%T(&)E M9VEN;FEN9R!O9B!P97)I;V0\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T M.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V M,#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS M1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U& M04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T M>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE M=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T M>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W M(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@ M6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM M97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^ M/"]T6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,C!P M=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-) M6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4] M,T0R/E9EF4],T0R/B8C,38P M.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"="3U)$15(M4DE'2%0Z M(&UE9&EU;2!N;VYE.R!0041$24Y'+5))1TA4.B`P:6X[($)/4D1%4BU43U`Z M(&UE9&EU;2!N;VYE.R!0041$24Y'+4Q%1E0Z(#!I;CL@4$%$1$E.1RU"3U14 M3TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!724142#H@,C,N M-C(E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$15(M0D]45$]-.B!W:6YD;W=T M97AT(#%P="!S;VQI9"<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,C,E/@T* M/'`@6QE/3-$)U!!1$1)3D6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1) M3D'0@,BXR-7!T(&1O=6)L92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$ M,C,E(&)G8V]L;W(],T0C0T-%149&/@T*/'`@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N M)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^/"]TF4],T0R/D9O6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF M;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I M;65S($YE=R!2;VUA;B<@7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A6QE/3-$)T9/3E0M M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#-P="<@F4],T0R/D)A2!T:&4@=V5I9VAT960@879E6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0@,"XU:6XG/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@ M1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@ M,"XU:6X[(%1%6%0M24Y$14Y4.B`P+C5I;B<^/&9O;G0@2!D96-L87)E9"!A;F0@<&%I9"!D:79I9&5N M9',@;V8@)#`N,#(U('!E2!B96=A;B!P87EI;F<@<75A6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD M.R!&3TY4+5-)6D4Z(#-P="<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,"XU:6X[(%1%6%0M24Y$ M14Y4.B`M,"XR-6EN)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[ M($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/B8C,38P M.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T M(#`N-6EN.R!415A4+4E.1$5.5#H@,"XU:6XG/CQF;VYT('-T>6QE/3-$)T9/ M3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@ M6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0@,"XU:6X[(%1%6%0M24Y$14Y4.B`P+C5I;B<^ M/&9O;G0@F4],T0R/E1H92!# M;VUP86YY(&]P97)A=&5S(&EN(&]N92!S96=M96YT(&9O2X@17AI2!A;F0@ M=&\@2UW:61E(&1I6EN9R!C;VYS M;VQI9&%T960@9FEN86YC:6%L('-T871E;65N=',@86YD('=I=&AI;B!T:&ES M(&YO=&4N/"]F;VYT/CPO<#X-"CQP('-T>6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0@,"XU:6X[(%1%6%0M24Y$14Y4.B`P+C5I;B<^/&9O;G0@F4],T0R/E1H92!#;VUP86YY)B,X,C$W M.W,@=VAO;&QY(&]W;F5D(&9O6EN9R!C;VYS;VQI9&%T960@9FEN M86YC:6%L('-T871E;65N=',N)B,Q-C`[($9I;F%N8VEA;"!I;F9OF5D(&)E;&]W("AI;B!T:&]UF4],T0R/B8C,38P.SPO9F]N=#X\+W`^#0H\=&%B;&4@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQB/CQF;VYT('-T>6QE/3-$ M)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0Q/B8C,38P.SPO M9F]N=#X\+V(^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[ M(%1%6%0M04Q)1TXZ(&-E;G1EF4],T0Q/CQBF4],T0Q/B8C,38P.SPO9F]N=#X\+V(^/"]P M/CPO=&0^/"]TF4],T0Q/B8C,38P.SPO9F]N=#X\+V(^/"]P/CPO=&0^#0H\=&0@6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`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`@F4],T0Q/C(P,3$\+V9O;G0^/"]B/CPO<#X\+W1D/@T*/'1D('-T M>6QE/3-$)U!!1$1)3D6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E6QE/3-$)U!! M1$1)3DF4],T0R/B8C M,38P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"="3U)$15(M4DE' M2%0Z(&UE9&EU;2!N;VYE.R!0041$24Y'+5))1TA4.B`P:6X[($)/4D1%4BU4 M3U`Z(&UE9&EU;2!N;VYE.R!0041$24Y'+4Q%1E0Z(#!I;CL@4$%$1$E.1RU" M3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!724142#H@ M,3,N,S0E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$15(M0D]45$]-.B!M961I M=6T@;F]N92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,3,E(&-O;'-P86X] M,T0R/@T*/'`@6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)T)/4D1%4BU2 M24=(5#H@;65D:75M(&YO;F4[(%!!1$1)3DF4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS M1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3DF4],T0R M/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X\+W1R/@T*/'1R/@T*/'1D('-T>6QE M/3-$)U!!1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N M="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UE MF4],T0R/E)E=F5N=65S(&1EF4],T0R/B8C M,38P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5)) M1TA4.B`P:6X[(%!!1$1)3DF4],T0R/B0\+V9O;G0^/"]P/CPO=&0^ M#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E, M63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P M/CPO=&0^#0H\=&0@6QE/3-$ M)U!!1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A;&EG;CTS1')I M9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE M/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O M;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^/"]TF4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X- M"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3DF4],T0R/B0\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@ M5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO M=&0^#0H\=&0@6QE M/3-$)U!!1$1)3D6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I9VAT)R!A M;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@ M1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E, M63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P M/CPO=&0^/"]TF4],T0R/B8C,38P.SPO9F]N=#X\+W`^#0H\<"!S='EL93TS M1"=-05)'24XZ(#!I;B`P:6X@,'!T(#`N-6EN.R!415A4+4E.1$5.5#H@,"XU M:6XG/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U) M3%DZ(%1I;65S($YE=R!2;VUA;B<@2X\+V9O;G0^/"]P/@T*/'`@F4],T0R/B8C,38P.SPO M9F]N=#X\+W`^#0H\<"!S='EL93TS1"=-05)'24XZ(#!I;B`P:6X@,'!T(#`N M-6EN.R!415A4+4E.1$5.5#H@,"XU:6XG/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X\+W1R M/CPO=&%B;&4^#0H\'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'1A8FQE('-T>6QE/3-$ M)V9O;G0M3HG5&EM97,@3F5W(%)O;6%N M)RQT:6UE6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-) M6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4] M,T0R/CF4],T0Q/B8C,38P.R8C,38P M.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C M,38P.R8C,38P.R8C,38P.R8C,38P.R`\+V9O;G0^/"]B/CQB/CQU/CQF;VYT M('-T>6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#$P<'0G M('-I>F4],T0R/DEN=&%N9VEB;&4@07-S971S/"]F;VYT/CPO=3X\+V(^/"]P M/@T*/'`@6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I M;B`P<'0@,"XU:6X[(%1%6%0M24Y$14Y4.B`P+C5I;B<^/&9O;G0@28C.#(Q-SMS(&-O;G-O;&ED871E9"!B86QA;F-E('-H965T6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,"XR-6EN)SX\9F]N M="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UE MF4],T0R/B8C,38P.SPO9F]N=#X\+W`^#0H\=&%B M;&4@6QE/3-$)U!!1$1)3D6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!&3TY4+5-)6D4Z(#%P M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0Q/DUA MF4],T0Q/CQBF4],T0Q/B8C,38P.SPO9F]N M=#X\+V(^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1% M6%0M04Q)1TXZ(&-E;G1E6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(&-E;G1E M6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!! M1$1)3D'0@,7!T('-O;&ED)R!V M86QI9VX],T1B;W1T;VT@=VED=&@],T0Q,R4^#0H\<"!S='EL93TS1"=-05)' M24XZ(#!I;B`P:6X@,'!T.R!415A4+4%,24=..B!C96YT97(G(&%L:6=N/3-$ M8V5N=&5R/CQB/CQF;VYT('-T>6QE/3-$)T9/3E0M5T5)1TA4.B!B;VQD.R!& M3TY4+5-)6D4Z(#AP=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@ MF4],T0Q M/CQBF4],T0Q/B8C,38P M.SPO9F]N=#X\+V(^/"]P/CPO=&0^/"]TF4],T0R/B8C,38P.SPO9F]N=#X\+W`^ M/"]T9#X-"CQT9"!S='EL93TS1"="3U)$15(M4DE'2%0Z(&UE9&EU;2!N;VYE M.R!0041$24Y'+5))1TA4.B`P:6X[($)/4D1%4BU43U`Z(&UE9&EU;2!N;VYE M.R!0041$24Y'+4Q%1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C965F9CL@4$%$ M1$E.1RU"3U143TTZ(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!7 M24142#H@,3,N,#0E.R!0041$24Y'+51/4#H@,&EN.R!"3U)$15(M0D]45$]- M.B!M961I=6T@;F]N92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,3,E(&)G M8V]L;W(],T0C0T-%149&(&-O;'-P86X],T0R/@T*/'`@F4],T0R/B8C,38P.SPO9F]N=#X\ M+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!! M1$1)3DF4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S M='EL93TS1"="3U)$15(M4DE'2%0Z(&UE9&EU;2!N;VYE.R!0041$24Y'+5)) M1TA4.B`P:6X[($)/4D1%4BU43U`Z(&UE9&EU;2!N;VYE.R!0041$24Y'+4Q% M1E0Z(#!I;CL@0D%#2T=23U5.1#H@(V-C965F9CL@4$%$1$E.1RU"3U143TTZ M(#!I;CL@0D]21$52+4Q%1E0Z(&UE9&EU;2!N;VYE.R!724142#H@,3,N,#0E M.R!0041$24Y'+51/4#H@,&EN.R!"3U)$15(M0D]45$]-.B!M961I=6T@;F]N M92<@=F%L:6=N/3-$8F]T=&]M('=I9'1H/3-$,3,E(&)G8V]L;W(],T0C0T-% M149&(&-O;'-P86X],T0R/@T*/'`@F4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X-"CQT M9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3DF4] M,T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"="3U)$ M15(M4DE'2%0Z(&UE9&EU;2!N;VYE.R!0041$24Y'+5))1TA4.B`P:6X[($)/ M4D1%4BU43U`Z(&UE9&EU;2!N;VYE.R!0041$24Y'+4Q%1E0Z(#!I;CL@0D%# M2T=23U5.1#H@(V-C965F9CL@4$%$1$E.1RU"3U143TTZ(#!I;CL@0D]21$52 M+4Q%1E0Z(&UE9&EU;2!N;VYE.R!724142#H@,3,N,#0E.R!0041$24Y'+51/ M4#H@,&EN.R!"3U)$15(M0D]45$]-.B!M961I=6T@;F]N92<@=F%L:6=N/3-$ M8F]T=&]M('=I9'1H/3-$,3,E(&)G8V]L;W(],T0C0T-%149&/@T*/'`@F4],T0R/B8C,38P M.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4 M.B`P:6X[(%!!1$1)3DF4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T M9#X\+W1R/@T*/'1R/@T*/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@ M,C!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4 M+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/D-U6QE/3-$)U!!1$1)3D6QE/3-$)U!! M1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P M=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/C0L,S@W/"]F;VYT/CPO<#X\+W1D/@T*/'1D M('-T>6QE/3-$)U!!1$1)3D6QE/3-$ M)U!!1$1)3D6QE/3-$)TU! M4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R/C0L,S$U/"]F;VYT/CPO<#X\+W1D/@T* M/'1D('-T>6QE/3-$)U!!1$1)3D6QE M/3-$)U!!1$1)3D6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@F4],T0R M/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X\+W1R/@T*/'1R/@T*/'1D('-T>6QE M/3-$)U!!1$1)3D6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0@,C!P=#L@5$585"U)3D1%3E0Z("TQ,'!T)SX\9F]N M="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%-24Q9.B!4:6UE MF4],T0R/E1R861E(&YA;64\+V9O;G0^/"]P/CPO M=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$ M)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N M)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G M/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@ M5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO M=&0^#0H\=&0@6QE/3-$)TU!4D=) M3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T M.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V M,#L\+V9O;G0^/"]P/CPO=&0^#0H\=&0@F4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X\+W1R/@T* M/'1R/@T*/'1D('-T>6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,C!P=#L@5$58 M5"U)3D1%3E0Z("TQ,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P M<'0[($9/3E0M1D%-24Q9.B!4:6UEF4],T0R/D1E M6QE/3-$)U!!1$1)3D6QE/3-$)U!! M1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ(')I M9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@ M,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN M(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4 M+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O M;G0^/"]P/CPO=&0^#0H\=&0@F4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X-"CQT M9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3DF4],T0R/C@M,3`@>65A6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT('-T>6QE/3-$)T9/ M3E0M4TE:13H@,7!T.R!&3TY4+49!34E,63H@5&EM97,@3F5W(%)O;6%N)R!S M:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P/CPO=&0^/"]T6QE/3-$)U!!1$1)3D6QE/3-$)U!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0[(%1%6%0M04Q)1TXZ M(')I9VAT)R!A;&EG;CTS1')I9VAT/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE: M13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S($YE=R!2;VUA;B<@6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P M<'0G/CQF;VYT('-T>6QE/3-$)T9/3E0M4TE:13H@,7!T.R!&3TY4+49!34E, M63H@5&EM97,@3F5W(%)O;6%N)R!S:7IE/3-$,CXF(S$V,#L\+V9O;G0^/"]P M/CPO=&0^#0H\=&0@F4],T0R/B8C M,38P.SPO9F]N=#X\+W`^/"]T9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5)) M1TA4.B`P:6X[(%!!1$1)3D6QE/3-$)U!!1$1)3DF%T:6]N/"]F;VYT/CPO<#X\+W1D/@T*/'1D('-T M>6QE/3-$)U!!1$1)3D6QE/3-$)T)/ M4D1%4BU224=(5#H@;65D:75M(&YO;F4[(%!!1$1)3D'0@,7!T('-O;&ED)R!V86QI9VX],T1B;W1T;VT@=VED M=&@],T0Q,R4@8V]LF4],T0R/B@U+#$V-3PO9F]N=#X\+W`^/"]T M9#X-"CQT9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3D6QE/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0G/CQF;VYT M('-T>6QE/3-$)T9/3E0M4TE:13H@,3!P=#L@1D].5"U&04U)3%DZ(%1I;65S M($YE=R!2;VUA;B<@F4],T0R/BD\+V9O;G0^/"]P/CPO M=&0^#0H\=&0@F4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X-"CQT M9"!S='EL93TS1"=0041$24Y'+5))1TA4.B`P:6X[(%!!1$1)3DF4],T0R/B8C,38P.SPO9F]N=#X\+W`^/"]T9#X\+W1R/@T*/'1R/@T* M/'1D('-T>6QE/3-$)U!!1$1)3D6QE M/3-$)TU!4D=)3CH@,&EN(#!I;B`P<'0@,3!P=#L@5$585"U)3D1%3E0Z("TQ M,'!T)SX\9F]N="!S='EL93TS1"=&3TY4+5-)6D4Z(#$P<'0[($9/3E0M1D%- M24Q9.B!4:6UEF4],T0R/E1O=&%L(&EN=&%N9VEB M;&4@87-S971S/"]F;VYT/CPO<#X\+W1D/@T*/'1D('-T>6QE/3-$)U!!1$1) M3D6QE/3-$)T)/4D1%4BU224=(5#H@;65D:75M M(&YO;F4[(%!!1$1)3D6QE/3-$)T)/4D1%4BU224=( M5#H@;65D:75M(&YO;F4[(%!!1$1)3D XML 16 R8.htm IDEA: XBRL DOCUMENT

Property, Plant and Equipment

3 Months Ended

Mar. 31, 2012

Property, Plant and Equipment

Property, Plant and Equipment

3. Property, Plant and Equipment

Property, plant and equipment is classified as follows (in thousands):

	March 31, 2012			December 31, 2011
Land	$	290		$	290
Building and improvements	3,490			3,387
Machinery, equipment, tools and dies	12,987			12,633
Furniture, fixtures and other	3,253			3,037
	20,020			19,347
Less accumulated depreciation	(12,389		)	(11,995		)
Property, Plant and Equipment, net	$	7,631		$	7,352

Depreciation expense was approximately $315,000 and $362,000 for the quarters ended March 31, 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

XML 17 R2.htm IDEA: XBRL DOCUMENT

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 4,581	$ 9,155
Trade receivables, net of allowance for doubtful accounts of $197 and $284 at March 31, 2012 and December 31, 2011, respectively	12,543	11,689
Inventories, net	14,652	14,429
Deferred income taxes	1,097	1,254
Prepaid expenses and other assets	3,046	1,881
Total Current Assets	35,919	38,408
Property, plant and equipment, net	7,631	7,352
Deferred income taxes	4,321	4,326
Intangible assets, net	2,841	2,936
Goodwill	5,835	5,665
Total Assets	56,547	58,687
Current Liabilities:
Debt obligations	158	157
Accounts payable	6,298	6,598
Accrued liabilities	4,828	6,800
Contingent consideration		1,313
Income taxes payable	481	1,272
Total Current Liabilities	11,765	16,140
Deferred income taxes	970	973
Deferred compensation arrangements	1,924	1,736
Pension and post-retirement obligations	3,528	3,516
Total Liabilities	18,187	22,365
Commitments and Contingencies
Stockholders' Equity:
Common stock, no par value, authorized 50,000 shares; 8,649 and 8,466 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively	22,149	21,568
Preferred stock, par value $1.00 per share, authorized 5,000 shares; no shares issued or outstanding
Retained earnings	16,912	15,970
Accumulated other comprehensive income	(701)	(1,216)
Total Stockholders' Equity	38,360	36,322
Total Liabilities and Stockholders' Equity	$ 56,547	$ 58,687

XML 18 R6.htm IDEA: XBRL DOCUMENT

Basis of Preparation and Presentation

3 Months Ended

Mar. 31, 2012

Basis of Preparation and Presentation

Basis of Preparation and Presentation

1. Basis of Preparation and Presentation

Allied Motion Technologies Inc. (the Company) is engaged in the business of designing, manufacturing and selling motion control products to a broad spectrum of customers throughout the world.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 720

-SubTopic 15

-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6921930&loc=d3e5614-111684

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6970148&loc=SL6228881-111685

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Name Statement of Position (SOP)

-Publisher AICPA

-Number 94-6

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS140-4/FIN46(R)-8

-Paragraph 8, C1, C7

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Name FASB Interpretation (FIN)

-Publisher FASB

-Number 46R

-Paragraph 4, 14, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 852

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 2-6

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 915

-SubTopic 235

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6359553&loc=d3e288-107754

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2197480

+ Details

ZIP 19 0001104659-12-036980-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-12-036980-xbrl.zip M4$L#!!0````(`)V*KD`CEF'LCRX``"5:`@`1`!P`86UO="TR,#$R,#,S,2YX M;6Q55`D``SEWL4\Y=[%/=7@+``$$)0X```0Y`0``[#UI<]O&DM]?U?L/LXSS M7EQ%4AA-5"6A M<$SW]/0]W8.?__,R,]$3<5S#MM[U\)#K(6)IMFY8C^]ZOCM07O]Y_\]_ M_/Q?@P$Z=XCJ$1T]O*)/Q'$,TT3GMC.W'=6#`=!@$#WX@5C$B1Z]\O\T/-=' M?_RN6CHZXS`OAX^^/#BF<4S_BP`1RV4_C7>]J>?-CX^.GI^?A_3*T'8>CWB. M$XX,R_542R.]\'EU9GNIQU73-(@.5P&?H6;/X#7,Y^1=SS5FBZ\:.KT^,8B#&"HDA7HT MU?/K7WOO.?J/*&-^_/-1]N4(U%$.K!#2G#B&K2_!9\OCO6>$Q#P0,AX\O),> M.3%*="F<^"I:\/]]<-3@!YS0`C4N**$/A!HP8\>[`$7X/A(S+J;'XE[F)6+I MB5>2)(SN;(*$A\)0*1+R]4G(MT/"ZP/BPI2&:D4F*36X0Z,%UZJVOKLY-'J` MI$A`DDW0P[>,@!B_W5UDR#`CJNL[Y'WHHQS#$]%`T:WDX'2DW)'OIJI#W(+! M0_7`'FDT.F#UA3@,1@:$;CP!V;-DI"]^]F?4Z;6=^&;=22<)G3]B`MP%L>R9 M8:T&6$:(+,3E0:.[B7DO4R_TAH_/[=G,MNX\6_L:K,^-[U$NH@$%H^N]^@A^ MIDXT8Z::[KO>0.BAD']NJ8L8N'V(CLS^CE99$649N/_GHRJ02G"Z=ET?(I,0 M';X==`(@]:DCE*%#[78.0K(X;H<^8EL(5:+0J>]-;X&/U&2])"[X9P4Z M"TBU49*;D6@-I$Y-TWZF,>&5[5S8_H,W\^XX`E MB-`?[XJI>_"P.!A$N-J8-=!%7RU,ER7*-L>ML66HI&I*,2M M1`_F/9Q6A;B1K2C!)T\-5J5/0V/1(H4:6HL-T6A9->-US,5JI(IT\S6,#[>] MRY69L_(1]MU8]@K57\!;*QP M:4V:`Z``@Q"_!?R5BKP`OHQ%/A]^-'S&PLQLQS/^9JGHFPF02K4>#5#MIZY+ MO`4JXV:D2-N4E:`"M&BR\_@2KEL$0B;K\=32+\@3,>WY#`Q-ACEXK@E6DA"P M1R50:6(%"7H3GCS5P=\W7(^2]HED\5JI@8N8=IQQCDN`I3&[(Z89S.&3ZGPE MB?6.D5JIAHN()]F M\L&V=??.-A>!RDK=6LBYHY&4\3%3HV>(KYH$O*(G8OF$/?*9+&:]4I46\8(\ MRNBP/!!I).#"0L.SOA'4\!<^*X9ZIK:#%^I0HVSUO$DI)"KR;P MK.JG;]ZK+R$GG0'C)_FF5`WG8"A*7,8&Y,+(0X1.XT8FMD/BP8C[R;#`FGFOD8T!P4B/LQG=%AC_T%H MHD!Y6T4^?@&L>R6=_]D"BC%2, M2X552F,R:HLJ.9@TC*W$)@D MLL5(-\E+#48REY72-7#)).G55\8/]_:I!ISB$!@5'O5>OYBJ1;F)\@^+,N(Y M-,ERB7PZI*L.M@3=,]^%H,B%H`RH:YOA$_VBH#X;)1HFQ;[*]`7R_ ME'HJA5@!1[:Q#.M)35N,8!/S.58JX)>$5H;<%X?,50-"^V`K*U1$(`U,4Z6W M2:0FYE3DE@Q.`Q3*ID$5D>6!65HP@-S$/HXS8=M*2%47?E%1$./6Q+9A4A[HA/+:F:BS(4Y;)+S;P&F*!Z^U M11V8#UG@,[M92\-G-D:76SH?*9Q.;A>;N"UTQ)D1L&;_8KN>`6#F$ MNBZ4.D"W,&*B?I:;&(@JB$PQVDJ5G<_U4H:Q-H)05D\%.H#R*(S.U$3TVNNY MJ;HN+;?6<^93JU8I#-`$.:.S:@+/QQUD:#7I:Y4Q!;9R).1B6@2JD%.S)8FE M%4PY6X98Y(H8-K_T,'#C$F%M%HO2JJ6LB)GJD=3(RXZ:$20G`;D@__!( M+"WA/2GRVEY^&-_FQK79"3=P5Q4%9VA>"JZ<1;-XU=>'F)?$4O[,Q2>*L%^3 MS-A`*XHB/\Y([V+@?&NPB)N7:3"NKRXQEI5QKE'(`Y3A39K=`Z:$_U&I>5)- MQJ;>N>HXK\"F*3=A7%_#CK&4J0&L`K#0AX,WBZ/9<:GJS=GEEV0ID^\H`U;5)?U:);0O#7DQ MUT2#B@J_%&RN'_5BKHGZE/G-!+Z8*W5^<^M5E2:Q+^:::-)EEZ1*^(NY)HI0 M4H1-1\`8-U%?O")F"V+:"8)Q>6MGGB@(/&XU#L;E'9[YE;G9L&RM4!C7[>L, MK>D8CZM&PS7B5%RWIS/`AA/EUD-57-[=F=N3,<[FT-:(5O'JOLXB'$0YDSY9 M+V#%JSL\B["`N%W81LR*5S>`%HF[E#'$+8:M>'5?:,4,:;VHM6('\^K>T-+C M)9HU,1>4\JRJ(<+ES:)YT:PHC=(N6/E, MLWHBC?J*,MLDZV)3:3VN#$N%:+1JF1FW:0]2LST:;6* M:AOEH+A11^P`9W="=EL0BAMUS8)NWEE%*&[6"BMD&GUW71.*&W6\#OAQ-7W> M>E4H;M0@.^!E,>N9M587BALUSPZ$TLK%%BM#<;.N6[S/N0.#3C-E"<2ANU+TK9O;FZE>'UHMW5G?X1F?'9OTL M(;.P#>*=FFB6AF7<M3(XO)5\F2T&%W7;C-E$%'[_ M8XOR%N2\(GSIP$.+NMW+>;/>8F1!<^87AJN9-CT"]A[P/#/AV<5T"O3I^W^9 MWHG';)?KO9KD76\"3PUXH:2 M89V@^\L_[@?7GR\N/]\?HP$WY.$J&YH.\!#]H&A%@UW=?+X?_'YY_>$7>./! M-O43Q"[=7?_?Y3$*IL$N7)U^NO[XO\HO.E/;IT=,P-*8`C"B&"=O2P M!@+"W(L@X&`BZFQ^\@.6N0:_4!7<_&942M.!LA2Z>3"-QT`*EP'[RR@X MV$O8-UO0!!F7IE`1W0RB>/-(,FK;"VI3:74-EW;9VQ,$_A8((CWQE)X-\1,@ MY4UMWU4MW7U[W'A6.R)T2MT$:`T^7EX!7;FA3)GB]^N+^U^.D2(-!?''$W1V M3LXO_GX\?3+'>"E`274.?V8BT9,TYVK&ONN#1?\/5=U/?K[V="]Z;N> M(OW8`Y9W0.72RTD]%>'Q2R@8W/PE>5^/[G\YO;BX_OQA.;^Y@M[H(?`I!N/UKO>@^UY]BQ&6Q9_[-5HB+RFO8DT4+#?[E53_&R4G/QSS=:C)5R5F*.RG'Z\_P`UJH8G30^&@X9^' M1N]0AD)RSXAN^#-DV199$#"Y%.'CC*:Y#Y>M43A`\%AJA'#UL#CDY)SEBU^- MA@.-I]O/U'&AE$.N;1IZX1ICD!BJ'D`G6)%6VOF"*_46_)/J:-/%J@NXS^`Z MZ"B8#?7<.M'K1*\3O8V+W@71"#VC:;7TX1U+'Q[BO.4K7IGO2?J"G\GP<],N MWMGI^:\?;F]^^WQQC'[0(,"?3-;U^SQ[GG+ZT,,C2)(-SNH/Y^>7EU=7%1

.CTT2&LB+>/'/)DFT\T.C$-BPSLR4`+GBD(!=87D=KK MT,!J-5V(4GIO.+#:C?FIO@+E-FDH5+%(B5=7J;O6EJVFF+S9ZG+EF>O6UXT? MCBKY$I56;@V)2]LNAQZ\&)NNX*]6DAT*C_D&0MFIN$[%=2JN4W&=BJNMXAI$ M/P>HXMH/8S8;L>Q;?#(U+!6%4>V`0-T&=`B.UTA#MJ=G!DM()8B>(G2#N7A!'.^*PEA+< M^^'0!3]I$<3FT_+[4S*36^'#KFT:V?LI0;1F3K5>XXAE=.*BY23U\]30IFBF M>KX#P]UHGOU`',3+S/T3^F@>U">ZB6QVF,7VY\BST1L1S0S3I&7+JJ6C$)H@ MBR="=".G=FSO"'9XJYM925;*J!JT2HHX]`>:!)6DJ@FWG@C\]N@BLM-GZ,+- MU!=C!K&Y28)/L?01_=X4O3(Q7N`1;:HZCX2]2V^SU8V>B#KED44\]&P[WC2J MR`J9;IBHSDOP(GI6702H:?"G:=#:3]!7\+)J)I&,HA$4!B%\QT`;1O8T2^$^ M4N<@Z<`1P![F*WJC]#F.H__&TOU3L:2C6-3?LA56H^^=()^6]#+&4(%)=6"K M);ZE8V6`CT+0/Z5@A!?I\WP?AW_=/<-P[A3]ZM@0W48O\#QW(2=$LL4%@/1HHM;C^=)=D"B7TI>._M$#25X48\ M`+J*GC'R`)SB`MM.;(*!6+5K(3K655V1M&>IV7+3?9\S+Q@T, M+IU?;'*IHD,YDDD;BTC`O>D)2U(X89@3$N)YY(I?-*OFW+QUGJWF*:;/R,FI M]T]\8C(^U,P[IY7$>K@N*YL$Q*Y)H.*"CO>Y1V`SO[;7:;!@593BU64$OI^. M@QV9J*CE/9@!C\43%\)+\%_`U[XT0:^`:3@]BXQ,ZO[;/@)MPCQNF$)T2,JL MS]P68B%PI7+JZSBF^;FD#WU-?6;K3]_26(,HH/[@K3PW-X(`L_^"..%)!XI%(P`^%^^ZL#0+@J\Q_Q= M"CYP"CF,:=&5.R>T=0Y,9(".&9U!R&PHD-T&KR!>DZ3_F(U:P&CX@!B;!^"[ MF$H?D1?6QA:ZMNPQ-6B5CYZ$X)E-VJ47 MK?I(X[O`W?AM>#=$.FWZ<+)8I^G(D*<3C]=413/?](PYF*YP$0S:54V=<7!J MYL'G>U5M:D!@R&C$]H&HD\S8DKE"$1-HONO9,[@#K_T)9'>_0?^BINN0?VK> M2A]#ZGR,BHNJ=#[&YGR,B#<[GV);/D70PAYI][R0\3$ZW%+WZ>?IDS:PQ`1" MZ.KZLYD:GJ@6@`BTQP,Q[>>-M4BB[8M]C;KW>OV4\L;Z*>6M]5/6+@\:R4.^ M>NG*2#Z`8OLSU:2.9W^%8]7:-EUM^@M#1:RS=R<<9'G6]HK=ZNZU'W!=:&M$ M'.7WNQ63<71`19I27Y:E/2+V4*I51-.59]:OCZAOX_;,HEW9#@$\47"@M_:* M/$>U7+,@Z;>%BI,&5FOO>73_^Y"5H=!"'[*R?A_R-FJK1MQ..+V!?MY[3F]? M&W=A2"(,*0C*]\<'^3YCD&^J"RZA\ODA+P&;Z[;_8'8M<4MKMY.6N(*(:@/+ M>%BAER)TH=?A%%+O[:Y;A0VTU9^,6KGC)G<[;A47=-3MN&UNQVW!HRA@TF7( MW=;;YI%-D%T-#OBWBW?@:/D$=1A8AMOF8WY?3B"5,)#N59H)-6/_YOHZ8,]@G34G8.X!_%IPRA&&')YPK!F M_E$X_',0\X\@W9Q?I"SY1>;BC,660>W%\:F=VNC4QK>G-@[C^-1.^CKIRY.^ MO5CDFA)WZ7JL0T[_=NSS1V-"=JPA\)"K]9V&[H#EW6ZVED>UR!5([>#E`06D_"MELP%$QO."W=3YRU,IN&FZ+\<1. MTG"')^.KQ;G6?NWW=MIJW?ULW#!7LX5J0K$O*+LY;[43Q4X4.U%,BR)NK["W M$\7UF:T@XMC`!L^F>4D!!PZ]$M79C9O5VE[&-^W\[_,6Q+9BA'M'U0FRU%G. M=ER7!=I#A5D_5=!$B^Y'0K/N<9VBO#]D[YBX8^*.B3LFWCP3[\;#;=V_[7+@ M70Y\\VQ[05QZ!@T]3=[GBXX^&.A_V2N-]3$G=;!V;< MV_2#KMU1&7NF$PZD@3FWLZ?[*,%A?92@0*EM8!G76,<=;.DKXAY]#[)3>YW: MZ]1>I_;:5WMCH2N//XP(L-LZVC4]O[>MH^!G]2\%[?;3%.4?$MGX-E%B:PB1 MESFQ7/K%#V^HR>51>]P2.QSW$< MN_H&*QS]HX\1=<6*(99P=YR]YVG%E3VW3FZ MM^>&AJ(O.O%O$'`]?%:FX)!'WU0=\Q4]O#)+HTT- MDD13)YKATH%FZE?R_^U=76_CN))]7V#_@S"8!;H!Q=>6OY+INPMDDLYL<'L[ MN9WT+N:1EFB;,[+H2TE)>W[]5I'ZC&7'=B2;=C@/T[$MD12KZE218IU"%R6_ MP8)+UI0_6Q&'A09@(PX`GI;'PH5G1H\#5Z(3"T.\%)J30PI$PG5*W).S__H&Z, MD9%U-QXS%Q\$GN@>]%K>@9;*07J,KC+AU@1FDYO+T)+$I0"=LBTSNPF M$@0Q//-"/D&T.(-U#2W`8#HMF7[AW:`U3S#C@(8S\@=,@)MP)L(7LG%$)AZ# M8C*EW.K)TVF*%@!&OA=:6)Y!(`0F\3/>JT:%C_A$@YBVK$O?SR_,Q1@'#*Z" MA_+9>"&E0"83P$?UL#$$WF)CG?5BBA,"XV,"C!7"/9(_DY26>FKU"XO44_UB M43`^/@-U=Z<`ZBZ.$63NAI^L@$2)"ZFGP9Y`!3.`H ME@^$UU)4P);UP%#OHM=QQ$9=7N%H$@WRT)%L.DTNN+41:GRL'`8.`:%"#@)' M72J9F/<+BALENHK/A9`B[P9+"'AD7$R#+J8$N("':.?\.4#Q<$$QQSN,1X"7 MC*"IVI:*#:1TL96O%&0L?"QF:5L/SQ1P55GX%<"61U3H`^KHQQ[=425:A)35C6U@_PL/O M^TLEZ.J22=!\:EACD^ALF]_R!J7X1VK_N^VPO8UW-(MO;Y$`V*:2^$9GW4)'I]LZV)[1S6O7ZIU/S1K4[ M'DW=C-.S^_ODP#.V:&S1V.(*6^S;7>!QA4EV:UO<]8)B0\1#)I*/10N89E?(QGJF@UL^PN.EVVP56 M@Z[=ZUW(SY[*<]J!+:$N3H1M#@R\1S6X?H.$`FYAHB0L#[(L.LP*BH-(91Y9 M,RYD?G,`P_H/J5:2HS))^@M/F.EB`^**,M/%9R("N"Z\I^)A2BKY+2X,O\6& MXNP;?@OY1RW\%JEF2L._9D^8=NV%F!UM24U='H@ANZA_L+^2D+F8A`DP*^<^ MG,JLS%!R4L21RO'U4#R(YP&-THL3#HEGBE$N9M<_44$FU`KBV0C:`5263' MSL=2>L^ZD:;C2P:<#U`JYP>GT!(;8]HQ?!^Q,P^'#(&$8BF@XS'$%?+!U7/. M(T4,@%G+1`B"*%=%9N5R)M* M.HZF3'@O.NY4*K/4X?1N.8;L64'MY,C6/$SGA./%E>%?.4K,P\B[,8J)!J', MGO^FDN>O>!B%\OY?D7ODGBQD\OUR+-EOFUAR0U'W3"Q97RSY@+[P3"JG5=3? M6F-(#1W)6A>2/2![DS8_//[^!;YA`/?,W6HG2`8HMP'NAF!\<.^3H.*T&MM= M(H:[94/NEDI1("L0.LTL-IM@^)CP@ZGH4@5O=D+2DI!:18(IFBB\Q"['H8K? M);EY/A?490D-"\;>\'/$+3J;^WQ!$UZL@`=GV3?%GCP&=T=8,"=!\"K,3EEC61G2L=JUI-D=(:U6]@VQ":K9[/7IGB&>]@^@GS%N^(KGPCW^%D0)'L)*JQ^?4=[7[._@WQ[-F)8>D.QJOT?[#SOVH/VN3YFLKU/.4(K:=XYU.H'-D1]9T^H M_YO:&VI,9P^RQM`(L^M(H%@!J+7'Z?M(=U1;H`>9QZ8B[)/&/HT#XWU!Y$VZ MB:N/8W^?\6]CI`>[`.S11*79:V1'HRDWD:F)3%^9Z?^5K^U,8'I\FPFGL&>] M!V#^T.E?V+WSYBJS+\FAU1WV<8R'#HBWG*B/.D"MQH'P@7:(L7XD'UOW9F_X MM.'\$'O#!8QW6@Z`EN7Q>.2?RD9Q_]QVAAK1OKVW<%S]N3E3@+9GJ_9QR/&F MG/BU<1)XU1%`6V;[@==(3L9A@5E;GF;L](I$`3U'?L`D,D&Q&#$>7ZPG[W_O MLMQ,!?.,GS>F\I3S@NX%%H>-%GA>/+H,O,]I0>B*O/,\":BC11)0J:?U$EK; MUP9='4.^4=?D&\D_:LDW2NW"EID4D82=S#:61]%HXGH90+3#_WRJYME4Y77E M,<_<)V&8%6A71W/#VLKOOC)'FQYWO7#JJ8_KZ'#6=3"L+@FZNE3+<+O%>\5T M-[OEYK2&VVW!UW[^;;M'UF[[K-.M9D@S1:^JJZ/FQS_?6NO.:+_1?GVU_YJZ MM'S\N$1;#!_@5!1GTVQ'4#Y;;MBVF!P MC3N^G5:WML/`QUT?81_U4NL47*=:_7>3W!M$M__=^8OFSB<:$#(@9$#(@-!Q M@=`.T7F3(-1\,%YOW*U9E/UKS/R,&9/-D$.(RE=(!ZO5TLS>QX%V,E=M11Q[ M(=:NW6L0DXR&G(*&=,^'!]&0QK:/]'!'9F$=_'=*0NH6-CYRTG!CP#K.HY]T2#8&84S"K>D<(-N5Q^%,VO"4UH3WL0B MD*E;'?-XO(FZ+;1N^BCG49XK3MMJ/1JRFCVD:UZUIA7]C=GD9; M.F:%?4HK["\T#+$(;CR+5>T#CQ:*JYC5C%G-Z(2%'[!T]_G%_M3R!35)PZI9 MWT1MP$UB-%UO3>_8%Q?]@VEZPZOWO6KZ46X&'-V;\+6IRY)@09\8UBS/]GA\ M>6O2''.66<>SS-N+\9@.-@_M0;@2,O&9;ZT<&/" MM#KYS7:4XF:2SKG*MJ$7*Q.3W09/*6^4"ZP^##LJCLG"A-NJOK2L>HTPZO-G*I`BTN5A9'T8,Q%&9RS`@XKX M%X\C+%S-PH]8'EH5R;9E\>7&N,CV+B/#<;;I,9XMQ;@++A]I05]G.XK?^AFF MCFBZS1N:PPG$,G=C.49RSLURUM)+%??&N1\:0U2L.V&N]*"%*]S6$X\C8&C ML#MA7C4W]ZJ9B$@E@@GR;.&NEV#$URO/>J]O;]9,K:GU8DBWWM=[H),CW>IT M[/.N7LD-!MT,NAET,^A6#[HY@W-]T&W[Y->'<:Y!-V*RC3V@=W=S[M6/D('#LOJ,1!8$Q'&,XQV$X7;NM5\4$ ML[=Q\+V-G<\'[AXQ'=72Z1TL,(_W/-'&5$OZ8W-G8`]ZS>5\&A4W*JZ!BG>' M>R01,=LU9KOFK3HK&KJS MX8.<.]$5:>H\.SU[T"`[D8$@`T$&@@P$O0)!/6>/S.#O9JM3_;DYGUK=@JUI MV#DYV#J*KS(9V)V8D(#])?G6KG@@[51^N`R\>]RB#"+Y\6Y\PP(2N(SX#_"- M*EN_ED"L:PC$-K5K0R`F_ZB%0.Q79*1"TBK0WCD1BD@0\ZB+VKP\&D,M5O]@ M+WV?(?TBES)XI.XTX#Z?P'+>N@W$S<*!;P48HVI-`3_#U3/2'L".YCZHH7NU%H M1=PBUDAP`I(0G!;R1$93P>/)%!G-L.-G+GQO=Q[(_40NK&BQ,@C6.`ZFY8$[0OJ!@64FM:9RU MPH/+B4G,3&ITVG)RVR*;->E;O3\`1]$VBT9UL]DMB/K%GHIENF0%;`OM4-`I MH`-[DJ,"Q+9A9O![6!$&8?K`EA0:(W''0H40T0*O0W%GQ6U@)K[(.GBXD:$]Q>&B,\ M*"\`%,FEHN88FE8SM*PB"QPP)>XT]]\+ZWO`(NM#.M%.^]/C]^Q#Y]/')?U1 M#XR:+#4?B8N3D1(I?NS*^-LFD'('Q^I9H!(4!IO[M[D,I=$Z%B4W.X]%&*/+ M!."4,H[]!%$$G<1^JHU*XQ\HR%FAGZR;DZHO-#9C89B&Z:E[)^"5`E$$65$K)K`;(CYA"E(X\*3H/+,``"2@`)180[8 MX+(Y3MJ$!F`4V`W\3N=1;CAH;/!)KKKE9%Y"R`J12LD`)7K_=GEY7[+#7(*Y M'L"<`!9$V&11?&$,0Y?RRW7\A2"+\/Y8T((1A#^`D@E"X9"+TY!&YLEGCJ$/A:R MH50CF(^#A\?93'$)Q@2_(<2[TD*2-A>4"(-,#2#3O+`\QVBH&I&6 MK"=3=!`<.'?4L-SX,\5R$P.G820K!BC(@5@LGLV7=/D!57_EE189CT$E$A^V M<8`'CNV9(H2%!6M07-K2]G&TJVY-C`@M)<'.5\';SN*XJC&*Y2`F+$8FZAZ) M2-)T2JLC#"O\S$P`NWP/'@DF1:@X))IR"$FR^3/&4O#2;U'52B1 M^+#+($`E^B;U#,-36![,[+W6^WGQ^LVZ]7?__;JM9>]G4%8X+PYQ;$_N,?=%'= M61O_ZPTZSD6QX1>WYBU?_5,U5;QVN85[B8J?`^\:,;FR M*?SWK-T]ZW;*#99NS5N&&"[P\/<;GTRJ6QP3/Z2JL=+5>2-7RNULRS!_$%OX)L5#X#_EJ7WXK95[2HAKVGYGYVJ=@NW M+\++&<[]7PF@W`*T!!,&H'2I8IA\2&=@MK[]\EBNBEM"MW)'Z"N-[L:/Y,<.`QD,NZ61K&F] MKF%T*H9QT>OL-HQ[LI"(?C>^9D\,@@!O!W$XX)>*O5[ M2G:/"CM:X)4>\SW`RVQIGS[5/2H`_!!%@HUBZ?$>^3U!#-G^>?J=?NEY]CI< M?6>J0O&&SOE!9^KO?_LQ$C[[!?\/'_\?4$L#!!0````(`)V*KD!JTN$##@L` M`*Z,```5`!P`86UO="TR,#$R,#,S,5]C86PN>&UL550)``,Y=[%/.7>Q3W5X M"P`!!"4.```$.0$``.U=67/CN!%^3U7^@Z)]EF79NY/,U#A;/J=<98]=MB?9 MMRF(A"3L4(`6@&1I?WT`'I)(`B!(2V+'R8L/HKO1QX>K`8*??UU.H\X"L.CHZ['4P#%A(Z/NO.10^)@)#NK__\ZU\^_ZW7ZUQRC"0..\-5YQYS3J*H M<\GXC'$DE8!.KY<1?L$4\XST9OX[D6+>N:52U231&'=^^S>B8>?B>/#AP_?[ MXT'*&1'ZXY/^,40"=Y:"?!+!!$_1'0OB"LZZ$REGG_K]U]?7H^601T>,C_LG MQ\>G_367E4+_U\O(>OI1;W#2.QT<+478[2@_4!'7[5%)1JXTS%&_GF:T@_YO M]W?/L?(]0I7---AP*9G$44N)OJ156L_@X\>/_;BTJ[S7Z23^XRS"3WC4T;^_ M/=WF&%$4$1Q.F7;F4<"F?4W4OT"1KN]Y@K%4E<92Y&J&S[J"3&<1SIY-.!Z= M=9%B5^X;G!R?)L[[*<_??Y,NETA,;B+V*IHHLL7\-BV>I<+N%%/Y,+I5S6&* MFVAC$+(CK<3#Z%FRX,>$1:%J4;=T@874!>CVFW+`_5H'L6]UIWZ/Z<27DI,0QQF2FG#ZS;3N*JL MLH@%N0HBW5\RGCX9](X':0?Y M4_KX^[D06*X;9X2&.#KKYA]*(K4]V<-^NZI>SCE7X3-J7"C+*;XNR^N_%==S MGC<%\2"3I/XL!37?R:<4?3&?3F-I/:(`F/&/.)N6W,K<:F]I]JF3$'8DZQ18 M&%>P3D?Z5TS&$ZG^:3%(NLO6C4K]TBUL@2+=",_E)>)\I68A_T+1'!>"5XLG M]8XG3]O!+H:6-;/6@(54LH:$IT1H4#D/`C97BC[A`"NEAQ'^BJ6E>7N09JW= M20H0#S5L<\/`+2B-_@F4Z.N1F"K9JZ^X&&U34>J!?!'`:#IT=TK1[68T6M(/0.9 MZ056N5_W(5U#PD7:-A;R(/`VRC*C=TN`-FZ;>J^OC`;>@T&9V#$>;!-#BGHM MPRQQKY(!;0YP2R6B8Z+FE6MUKY=!--?)Y2^,A:\DBDHS.7^6]0S/AP42%AH8 M:4&$GR1H4P1+["VFPXQAO3B58@%F-+XC:$@B(@D6:B39SGPF^@=!.8R)@?5*I$:Q#E1T')#6\J95QEV@G)P`:PA3'%C'E;8 MHEH((-AT\!4>6O,$I9+U/'`((0_@B`USJ6\+62X#,"RM^,&$+$LC/J*5SB&Z M$[)FHD(JMD@$-:9>1GF$UR8'VE).Z9QOK`$Z8B M/,AIK:CRP:"G.SB:6BMN+ MM3NZ%8;D8FN.9ED"M'S6(T_'56LX'12;$RIE"JA!K3;'(ZY&(=":Z1.62(\I MUXA30L="+UU&$TPPW;LO5S'4D,AW>.\51%H$UUE MSZ:?/%\@$NG=QQ>V-45/>]T+)$A0!G43[@V*ZW&#@VU=_+&WNLP'NIY*I6BN MIXPY=P@&S5=8#?\!B0U4?T=8)IFE\RGCDOP9/R\EJ/U9UCEI'Y;W`-8&SMDQ M0OTT,,,2S)(SGIOJ9*7R1=+>TM6R:] M=D_9!QPC@:]P\ON6EM_K+&"M#LOZE+T/RWM`8`/G[!B,?AJ8V5&]^5K$1C'2%6F/H)>9_X M;>#`O0/;3R?!'W/"\<5<$(K5!";9_8RO^TI*P@*B MF[!F1UQJL8)#:UW8L3NGAK%AVUJ:>*1N&]U"ENRQGK!215Z*QEMV'4P MODOD^CIJW[AUZ.&1UV\5M19OW!"*:+"CF45-8>Z9A;^ MX9R-L0^C*Z(]2,-22[-3%.9'.8IW@>I*TW>-15.%T"?DUZ,1#M0RXGH93!`= MXR-XZ\:%>T(9)W(5?X%(K5855O-2DO<*[K&A'44)+=3[M=TA[H7-%G M+OUSH#!(B>^OW>:&%K1G-=D43WB!Z1SKBW9%^2)Y%TEVXX*1I+UXF@+&O"S) M!71+3'R7@I$=6D0OF5!S\5B_9S56%H)I*5W?I5`H!1="M_ZNZ)4XP6V*K/N/ M]#2==2POEA='\DTYV"ZURA:?CM4@`UQ,G[%:-=.Q&NSO$?^!M[0M]K*5A%E? MZR`$$.Y2/%D-V\Q1ST3&?;!#%+2>./F,;Z1?N@JGA!(AM3T+RSM,GM39Q*F* M&B@4ZEE9C8=*>;O;82A_]U0_^7Y-QX1BS!-47JGI0<3B77ASF'W)LWQM)3G0 M0->TLSK2U0*A;0!OOVJILZ/YSXT4<.%'G%UT4D$,%!.U;*Q&1)4X:#?;?664 MY6E\J4M9L0K4<&J MK,GGIVWRTN])Y>6`VYK.7M3VZH7\B`LOUL/KC[P@4,M6?T14B877ZM-^+M4P MO3W6N(]GIEJ$6<&D-PWUQEAO]/"@W%[G:*=M#C8\! MN[V>R%%CH[N'H.5%;#<.WJBI%AG3Y`,/P>J%(RI0$`>9AO%_:"*@"*3D9SF7BCT=D^\S*H>O>'B0/5S?X)M-F+.HTN`/K6>>(K/7$5UJ@ M?PR1P.K)?P!02P,$%`````@`G8JN0+1:-BVX%0``O4L!`!4`'`!A;6]T+3(P M,3(P,S,Q7V1E9BYX;6Q55`D``SEWL4\Y=[%/=7@+``$$)0X```0Y`0``[5U9 M[MEVM'>"UM&A"-E22/9ZWAS%(BC5=+'`!:HD<7[] M`'60=>!(U,%*,O1B2ZI$(H\/0.)*_/Z/UV4X>2:,!S3Z='3V[O1H0B*?SH/H M\=-1PH\][@?!T3_^]R__]?M_'Q]/SAGQ8C*?S-:3+X2Q(`PGYY2M*/-BP6!R M?%P0_D$BP@K2J^1?0?.3^$UEZ-]1/*_AT]!3'JX\G)R\O+^]>9RQ\1]GCR?O3TP\G MFU):"OG;<4%V+/]T?/;^^,/9NU<^/YH(.T0\K1M024$N)*Q0OWPH:,]._OGE MYB$5_CB(A,Z1ORTE>,[C3<%R%;^<9!_+I(%!H`;KA@*Y2&>__?;;2?KU2!AZ M,LE,S6A([LEB(O__?G]=*>B%84#F2RKM_LZGRQ-)=/+9"V5]#T^$2"%3+O%Z M13X=\6"Y"DGQMR=&%I^./%%<6/KL_>F'S,Y_K98_Z23+0RP`MB11?+NX%IA= MDC8"*9CT)!6_73S$U/_SB89S`?OKZ)GP6'Z81O-SNEPQ\D0B'CR3'H1WKJN; MCN<>?[H*Z0MO(W2I<%D*C_F%(/F/95DVL`^B^&0>+$]RFA,AH%T(3?LI6IOL M#'Y)94NY]2"5^%G:FT;'<[KT@JA'$9NL^Y`W976\),L987T*6^7;@Z1/0BCF M)S-RO#%$C_(JN?>+![+PDA#0=[8!1,&[++'X8Q`%LOW>B%\KU9+7F$1S,B\J MEJ*ZC@%I345=(?4K%81RW*9,J5BJU,+CLU0S$6H\>MY*:'AV=D+"F!=_D7W' MV?'I63Y0_S7_\\]-UR>T(M?BQTU?%'HS$GXZTA/$02SU5!&C2:&1JD7LKV<=)D\TDII-Z<90_8'#O@T\BCP5T M^AIH`:NBJ3N[2C.DSPT=;@T#52]3F$9*&*2<*A"H_'=?R4_\\+DWHD[50F-Q&PS*CNUSF9ME.YB8I: M!1(<0,8XP#+U?9H(\>Z)3X2H(KS\2N)@(C*59$."@(`H*9'XZ^ M7ZZ(1H+W^BNI^UOU*5>_^@FK/PT*@/Q7+9_[Z\.X_KH@"R($G7_S7C.YM%/DCM?!G5VI=MJO8[=KNB(L7M^%7KHO M*8/&E9Q)-H=D".FF)9M(T]%C("8#&R$O7_TPD2>+_J!T_A)L]Y(V@3B\R"9`AQ1! MAX86FIHQ`6.(([[3>%^C-V(OMO)4PQLH0BEE#*4,GA#Z02DM9&$32V14].C9 MX2S1KQ->#;^M@Z9#R=H("BJ)SN7M]8:-K2"^.7C^Y_1T7/C'%4&YTM=3:O@4&9ZS>'!LY7BN);]XALQ,V@8)EK\S9 M^=1!WS)$H!75@(-TI^V"S+2+KXTOF_%E-OKB*L!UU*2#QJ/*9=598QD5R8[7 MG;>66S+FO2XU46V7JTZ$VJL@S>`.UK'#L=`BI&,)F3=5:+K;3+?UN(X.N]-! M^CGY7<<1Q[B=QJ96QUNHPY5!^#\'6 MUCI=T>=0+\HUI;OLAD&Q@GI'A8HD#EBZ>'8AC4/FGTDD?HCE-C:'='Z]\BS. M$/3#`?OMX'WFA#NJ;5!1ZN]-1=P MF"K(L?'W\3L/&J5R*F\C:3Z7NHGJY]%V5*&]@4&;Z@ZJK=%7&>'84;EC>5RN M=:B!8GOPO$F!VJUVG>">5?+",9.^)[$G(\U+CT5BC.%3WT^622A3F,D8U`_J MW3F\0&XF2`'42'#6&`X,"&L<<]J29.ET19%=ZX9R>0#S=O'->VTNRKK6.&84-HB7/VR@9$<>#IO MKV80CKKWL.J@J69STG-4Y'Q.N!@CN1@N@F2.;R79'3\AW\Y8^\BU]Y%OZR+?TD?N72K#NW-$3";ZE MC[3ZW`L)OR?/)$J(O`G*F[D/3"2%IY4D**];`;0!].1*)BAS#)Y3+H*;5,@' M$:@U-GR47S?[/;6O*#UJUL'NS$9YE$>7_F"4\SM&%XUU?\67XJIZ^0M*W^EE MM_NM4E;MLY%73&]7Z<0X>I00D_.E/)61+FLKF+Z8B-KI47K=54\[%@`>WU@8AI:?0H!/[BL3^)U""7O#X(6PF+H=A`.!(8X.ZF#HJ606&M(1VT#9QQ M!&/9&U6AD'`Z7PKEI.QQ\$S4D`!2%V.!C7H?P.&FLC-"K.R[AG3-MX?D7WY> M1H^B,R,L0^>%B"M#FJ;.4CL>2IZ;P4Z^#ZYW5-K9]W;^..+`Z9*R./AWNMXN M%RVK:9;JN_L@XF(SWT*\#RAQ4M@9(S;NR*+.0@5=E%G_7H\JM]_WP?4VM9R] MK6"((VB4AT.NA('.O=@3XM+54_-LOX&DV)A7DNR#IP'*.3M;S1/+'F:Q!7M. ME[,@\DQ;L(R)3BE[@O'\2?YX'8EN*Y$[7)HBFXMV`M"C1(&KGG9,`#BJ$3+RY:GTM7C"-:LRFJ_;O-#5KR/Y&NY-:E.I M[&@KVSPG=)4=CE77])B:5H%Z_PXB+A\4-!#O`P:<%':&A(T[CCUT*#B@9MIS M2`R&!CL01EY\_<&"F-PN%K>+(B.*S+-YS7DB(U89UM80`2^0VPQ28!\PXJRX M,U@@-6!9O]D&O^D:4SK7381R>70L9KR?R8(R4LKT]B6(J-!P70R:8KI4Y9*= MM_Y"XBFC7KG01\+F61HF;;C8`K`NX\E?C[&SDP;Y(&7!'V,.3QT@JK&81"41; MG.,PTZ*$C(M^=H!8N&G@,/+R@E)H"`P@[A_-[3#'ZA!@\+R1L18$6-:2?I#@ M\2DF\^FS"*,>R==$6NYVD0K*;Y.8QUXDGT!3@:!5V6+:Z%86.VBZF,()3(X5 MX5B.JFMU$82)U`$VQ&BH-;U,@WHOAAFSCNX#38.?9JC!"0P8(&!`0--WZ%RL M1X-#/U%C;H`$\H$GE[+1G\&&'EMI\^"C+XT?0MT,X@@MY\IP#$.0W%5W\L"L M3`P2LV"6Q-E\[LXSO.;6,]?R3EP?7%$.?\/8#'"XHZ]Z-<,IAI>,%.I=429: M;)2]V>&OOS$OXD*-($T9GOX69N?=YO]*LC50@#&`S6#0NBV-9:"ZQSKHUG.C M,;3#73BMF,G3:ZKK\FF":#63>LLG!7=OMH>9`F@(S#>EYH1C?*W)ILPY9:0IEJS4-`AR31G]2&':*1VM8IRN M5JD9[KF_?[Y'Y7&R\)(P[M/E#05[=/KH>:@VF_A?*K%G\^F1ZO?FVR/%][&6 M$8V-E=I5J2P/JIC5WAPIF'1MO9KL$]\C+[O7+M_WDZFP\DRN+QZ;6L$>QL&*05JR#I..+IE MP%L42J<[EX._&((=&FU5!Z'%@3F.*Q$E@97+?C;T``HUH6,L-!)NW&%!6QJB M#"1PK35P&6O#,?C4GERJ/;H*1YA#X2;20(7W%''NAND#>:!:<0R.T,$0.@+L MX6#7Z^!F'\Q&3ITE9&+$X^2"9/]?1\T7+NYI&%Y1)J/U&@Q:EM[>(7$KC7*7 MJ)L-0'=.W/@/E+(QK55>-A0=6B*3!MX1%M!Y^O;-Y7(5TC4AI2ZN>"OE-MW6 MXI>OA/D!;QS-ZYEK^=FU/KB.A+BVF*)#&;0,4T?A-D_!]2%4S[OE;E#/SJ7U MCO76;,U@;\%VS)<)>X2LOA5T-77C\< M+@FF!R-$[[$@09RP1G:QOM@!Q@H8N\,:)%J8<,#1`28-RG=(C*VZ/]R[\X., M&ZB1WQM\;2-%Q[;054[KV-"E=2`>%$KO;KIT_JIB@$Z^6NRP.G.#20;LM*NU MHGQ<5V7I(=J2<33K0J' M[L_,`-`1ZA@<5I<(,M.`G:.N_I[?\VJSM/'#D_FJXW8+&-K"D!Y04?A@4`.K17:RHFDMSF:I+]@RA`U8[P4M>`,O%W4Y=L/*EKK0H0'(J50P-0L?V# M54N3]!$.@&I%F:G2&,W`D=B.`R1>189/9Y#9HE5GC$(EL,:J;C@]&_6*[+G' MGZY"^L+?[KR^W7E]N_,*=^^#3R)/M'/375<53=W951KL=UL-&@'OM%8Y(%G3 MS&7Z'O$5\8.%Z">5]QNM=(5S]70([K4J?4CAVBD=76::^EO/#(?/Q9Q7CGUW MC,H9S?SS^KOH?JZCS=-74S\6V5LG9T'MM4)]P0-%:&O;[0*R+L+A M."S:E'CJ^S01AA%F(<&S8K':I8@6MZHB:'9`K8A2XM!J!?/&IZY2-:Y4E>$8 MA)NRRK2JD:@M:-S[`-%J,52AW7/PZ/7N$S656K`.HG>,K+Q@7CP$6[P6&V69 M*::<$]7#J!V8:`$&8[+GR&MAJ3XA":L>^V!YYZV=1LH:O768W-#O.=C,^@\Q M0&YJPIJ41`C*$C*_";Q9$*81)01%FB(F(#6*[#^6S%;H&4Z-RG"<+-?*>KU] M[=FA>S*7M.%+5?(P8&:UR0!H4]6Y.<4X\L.XZ*13'R-MK9"8BIO'[[F#VF)2((\:.(7I=RYGV[T!0IYE#K&H!W6VGN_%U5>J`- M;!2?[:+![DHQ70[3C8!N%FM](\"Y6I2IPNZ\=3YTIAFF&"F&/9(]+2PUS[_4 M$^:T*9H;W:THK@Z[+=QH)XL!NF='P22TW03"<;JD(;.P@U`N7LO4)?+97GE# M>[5L9L9Q+ZA#JZ'@X6(5:JT=(=4@#HYC+=UT[S58Z#5(."",]VK587#?540< M449ZDL0'@UA'RPR#2;L06'8,A;(^(7-^)=QQ'?&$>9%/ M'D@<9VDC%+K78X;6#(K8H06#@T%K9^L-%$NT$`O++J/&"E=!))3H>2FB)5-S ME.',=)^6(KI9K/52A'.U/:?C[;^SOB>K?'RY75R066,J!R!5=,!-4EQ=;5OX M4">+`#I51T'JG6I3`"S=9Z7KYSR1/?_M(DO.]CT2,EZ+/PA%G^7Y.P&:J]?HIM>HYH!: M4J]6'::I=!41Q]I)>3"]H='C-\*6BI#(1K8Y_J4C.QAD`BTQ#.;TE:-9$]F& M9D7*;LU&B8*BMB-2H3@8`-GU'VAH5]6+8]/MANE MVX/17/XGMU^>O3`]`F4?DOMBE[NC.SN4BPP]6\F^O-"]0I0OKVA::/O0L7V< MN$?H:Z][ZW4L%TR-_+R(NE%,A5J,K84"Z6M8-30YEHD&A1CN=71<12B8,6OL`J*KJ+!&,L\[#J*"2,\E@+6 M/*[ZM+DC6/XTDH]-#J-&\!8$]Z.S)HOA0&9C!BM]8+FF@/=JOWD5T$ MJ[TK!A9(.7CJ7A++_R[_F7FQ3SEWL4]U>`L` M`00E#@``!#D!``#M?6UOW#B6[O<+W/_`V[O`)(#3W4G/SMWNW:F+BEWN*:Q3 MY;&=[AD$BX9FW#]^_S36C,/[])_)_MT$*P5,:_I1N[N%#<($V MM(`_?W.?9?N?OOON\^?/WS[=)M&W*+G[[MWWW__P7:DEE"!_O2G$WI!';]Z^ M>_/#VV^?TNTW`'^'.*5E*Q12B.,:-J0__U#(OOWN;Q\NKFGEWX0Q_LWQIM+" M-D-)*1WY3JWRH"R(QJ]OO9AZI2/RZ`+_JU$X?,I@O(7;HGA2@,3'M/S*&WG\A3WX[0YO#`XRS>;Q=Q%F8/2_C'4H>*''F MMVF6!)NL,$1_PY^_T5'!K\DO4E/YKOFK2&F-WY7`%!V2#6S5A_Y'ZX8& M5-C/T"KI(<(5)`$1QF\^7G\#PJV6@5DA!4C,8W*@)OB?WU7?H/O=YDD3$D&R M*7X+_F?/[\\EOML@'$_VV9O&I]@EZ$$3`VB(C^J?_">@H@DR!'3*^W@:UM)O31< M58XY5F2]TT'6-F\K:./@`5SOOIG=W$,0W-TEM`>)/R/N00+.^)S4T29N$&_Z0P?H1I%MZQ45\0/F"Q@-0OW2`\F'PF M!:* M7U)]EY/J#?Y(](ME<',?A_\XX'?X+VSFEGQ7:N06'7`?#*3A71SN\`_!7L%# MA@17F;8NV!M!C)T4XI^&Q6NEY>;_@_S[U;O7U&])$*?$B]B9^1?:A3$9-]-: M(/Q;D]JO"V-BG7Y3\GH+224`[LIT?UKMM[#W@^L+/M]#6@]<.AV<4(,,&0GU M!J1]JC^DY*N?@.V!0I"\2"`>U#.S&)=H"S;W07+'(%O^X%;X),7^#P9H>D+0 M%!VVA3&&,(R)FD8^A(_4 M'/$NBM`=Q>$.!FEX&T;X-WS[XH+W.^?!VZ#??)VAS>_+-#W`[1E%T26%S2]! M=(`+/"Q'SQ"^AS'5(6M& M:UW_O,.?CR[:E"5D/6%CMP"3%G?I\;`'&\`\RI+P]D`)3$>X+1@='PWW[8XUK"FCK@XW!9N6CC0%FQXB> M@W_=*..-(;71CIKZA$6L]/C:(0M5)#UM695BF$( M>$563.B30QQFZ>LR1#1J2=?.R`H(K>TTQRY3BAAZHYI."UW.TXF;:K*Y(\2M<<::X.`V@N6.B:);'L:/**(K M^I]9L577>\JMIW56#.H['RDOM'J[)D/344F!NZU$F!S0J,BP/5"(=[!\),-( M^[`>TL$;#]8&G;6/,?Y/DH7_A-M3E&;KW>(?AS![GF-7;],/D$3'%C*A!<)-# M$#((!BS\D:VS=-_MPSZ(?6^-'0V2@C[&Z)`TZ$VEC[23Q`_AJ=TA807[3 M@/R^#OG@"X>\PKSTBP3]>#LR/.$^/Y2\"\($/)9[O]M,*+=!*%("Q!BPI&>6 MGP0FIVLW6?B(WTYI`<2+Y2N$:R#")#,6W$&2V^`4 M/9"#SRQY$%DSNJ,'Z=.J]!OXE+W'IG]OP975_/5SXL/B]7-M>?<6P:P0A;\ MW,K,I6^HEJCK&/"M-Z81MP<3`#<9T!1JH*X'ZHJ@T@2?B"Z@RI[G3GW!7C2H M^0*`;WE<,P4"X)%-#=TTNTQ.ATV=#D&=#C0-$4G3\QAN#T%4;BA/3\#G^Y#L M(L>F[FCNVBAZ!B37ZQ:@8N,Y37)#MY8')#W3+FP+HA21 MFI"L0.5OQ<-9FNFJS+]5I-UJX"-/RH5?;M!=3!=597F0BOQ9&_Q[G^G79.:# MM#C2?!M$]-OA'PXSZH7B35$^_KB32%KD+0X+QLK>X[#*&"/_X/1CIW#S[1UZ M_&X+0_S1W[XE_R#CC[=OOG^;9Y;^%_SHMSFNP9;4X@RFFR3YTT"A.L@ZN;&56B397[CROAVNC`@UV M6&OE7%6]MIX^&(JCMQ/G47`G:B#J[]HM`WMGITFHEV.I+_?C?<<][0#/1'A1'BN\\8,[:+93GU%U>!N:PBL7\.1P[O:,%?#C##` M3W-*9P!DU"-_S[RENKY&['>/5-OG!IUCEDY)-F9D-A6&]P&;/FE,QS33!&

4C9\4&:##K/%!;&E7*1O'JS(8-NJDAN)&+ID$O%6PAV*(K09SS6#GDG:9XCS(RC4/R6S_L24^!S`X$24QS.N]AD0<@W+6,D8<86+=D MNB?##B#+Z62.X0'KYSG-=K5)(C)O`LE\3=G9I[,7#T$Y;U'?XTCR:1=S4\5L M3P+IK,4F3R&."R8;)-E,TN:>?-YR"W@^.Y&&9$:"FDW@8X@.:6=FP_-I5J!8FII:(_ZPCYI9*.P]$`CS2IHZ!8<68(LL::"3AE"87. M<0V"Z.^X%[*(MV=!U@9LGU@Q+A.*F35,/:4;CKG$UB6MC4AIEK\![!4@[\"" MW"^%WWIN7?J*O=$$C76@E57.C"?!>DM_0;'-(W=T&P9UB'49863]J@ MSQ__-F==^Q23$8:/9(_C"F9Y/=LS8@JBQ0295-1LODRA%H;39_(2)+-I,L59 M\194KT_($;N3`CB>Y]M4O(MTO-":C9-HU";G_`#':D=^%/S0C>5)L*4+Y_G; M]`3$D*ZT!V3T35?!R8U#6W2XSY_6Y"8ULKDD@?<0#ZD?X3+>H`=X@=(4$VZ]NPF>NAV4 M(=I5GT5/V[0U&E)7XYZ-9J'2QDK+UJRF`*@&:*@`I@->$:W7M&=$FBVLZKW9 M&00J9.CI3M.D8Z316DT7U;:[7;[`33IG=7BSVR@W#7B'5.O+PK*DH^4'S6-U MQQ9TI>E7&$7_%://\34,4A3#+3U+V,Y7IR1;7F`NE36\#%BA'F;M35\1LLM_ M99HS]AJ0]V_(I:\Q*"18BH7$]^VD*BY&6IYHWTHJ4:E?2:J#GW'9\0N*\+`I M2)[/PPA'6\`IISP;*&V:[<-H7;I`*'L&Z,,IX)/G&-3[+7G8K(FUD2GS M[KBXO()W(=GQ$&>KX*$-&)E(`YUM$0L`Y9=J`Z,=RWTP;2D42*T>`_)\"F`5 MN`JI?%H>9)N2;=3V>'WD#C$DI[.C9;R%3_\%^1T`@4RS"]R6L='WY9=KI=/; M,=W;VVUIE-U<]AS0%P"_F0*`11YK=VRECFWV:)NBG:YLC_M'!C'=.TZS?[$; M+M:'+,V"F.Q4YR-:0:$);ZF"#:PKU,@*\.7E]+)`IEY2@FWEIU(GQ65>-<%) M,$0%`6VZJ*.FR1V)7H=(.D!SMZY[R0Z4I#>(9L]+X/M#&L8P32&;JR>IEO,W M[0OXAJCF7U%/U8B%0VIIQD?-$L7,U#(T*Z0)\/*GH%(HEVUI$OE"RR]A!P$( MF3BV26(="Q6=)XI=Q17;'QEZ8WA'ENHNI@7B_-Q+(^]J2+/;UW.N?BF@%:W1 M>H"MN_:(+AY+ZMKBB:IX_@7[Q8WXJEH;L_9%H10Q'7N59VP'D+PU\4M!9:YZ[Q_EW/;9UJWW/]6!9]-XV=SR+O=?8^R]V<@UT@ MW-W_W`<'-]!FN[#[P/U5"];LE14DUTNQ`][<8C]>J6`%4?+G-##9 M^/(=&'+\TD(>D>B"C>LT=T.]*YAF24ARM]!9T05+/]O"AEPH*S(A\(4,DQ_( M2K:P+5Y8@"S/`5=E5CUGD_.-/.B^TQQ('8C4/G<3UGS9>OX"9WC0.R@ACE76 MP,"NR&W!`8^H/L9A!G*98T:$:/AD"1,.3]05)X//47*6GPONGF`5'/@?HIM_ M+TU=LU-'0^II>)).LTC)42,M2[-YXZ1WH5`>76XD%YA&7H%!($)&OFUR5LM$ M[:S15!%L]]2<'R`+TAGTY3%X%<;X:10%2?KZRX&U\!B=#V`[;+K83?&T=[G> M+>,,XR[$-9NG*:/%*JE//).T-1G;;@+'01,]%M_`45G@*7AR>A)%Z'$0YC,6D M`LN'?1`F9$[G]#Y([CK+Y'*A(O8*A,S((BW9,-:*;$M8P5>9T>>@>@'R-YXI M('<;4OO(+OOP_2<-."ME2F.'3!ES$[9R$KU_!HA<"TY#0%5V-6/";KW>S@Q`F@ MKSP?F9"Z#"E]X=;!")YH[2R$*_];[5M8@@'I62RZUVC4ILZJIYXGT4R`(>IN M6(&&NY!7[*>;5UL1!7<)S+-SW$7Z)8@.;8`:V7::WY7,BQ5:.OG75=0QN]M`IUYFW%+/3Y'2,1UKK"X(?^` ME>S+!5[EJA<"/:W!!KME#@_XD\P_`-])`$ABX2V\"V/2+R7`LCA,U=P-@=D1!;LF?`$"=N#&SEOE4`G(R_?0`^'?0/67H_<.5I9?Y[; ME\EO0J/2X/)+PJM6D45M\UEF%X M\KWK[B/.8//J,]:*^^"YZH9V[UK[=.>FNIJZFL>#I"V,BQWRK0 M:)J8`E/379\SQ)3^4KH%5$U@$?VB:JU55\\Y*GW+Y@V5<98?.;4::=6Q6=*` MY<:Z`4D4)Z*@)CM!THG@T+^Z*`91WZ)B35-A-=$M\L:/Z[8!F$=WBK7HY6-- M>PG;'MHSXRZ":&IY.U2U3<@I&S]2L)L^.K=8U0*4"/A$E0+4\SQ(-Q!(R\W#K MG(R6C=J!F>E"V6HKXPW1=`9I_>'#\N;#8G5S#>8KFCCJ9KGZ>;$Z72X\IXIR MBUWAJ4,_Z'7;5C6N1)X?LGN4A/_L7#6L(%EKA822QCSMJ8-Y^R(N0$X]D=Z, M>V5W)>"?9WUN11K?O\L?@4*3+,[Q8CV(6X8-NZ.1`B=EP`FJ3T?34_E.3F`) M.++0:Q4Z'H/J,DT/_0&U*24*IH6476(TR[8<1$OC&DS(=;C!\P2PMQ,C0,M_ M8O!S'2V"/1.60'Y,0-A-Z&(/%S1I2R,ZLI`(PA<`#&%JEFE!8T#"%7EB"XOP MP(WG^R`BUWBP:U$8.CPG=#3&A6I+Z1<7`Q*>]"7BL8B,'UXD,D1)2FPAPV/? M:7W(TBR(MW@`W=>!XHB*>E$-4;LTX-3".?_M0P*PP]Y1B3.X@0^W,"F>XO_' M-O9PDX6/,'J>#+U$^=7D$.J2J)TS;5R,V3H>;P2O6AC-&^)?&+(F-L.AZ&*% M2*GK9*<1<9_`>QBGF%[L&/P*9NO=3?#4#8Y]DE6<%$N:PKFO#DI]!Y0%D31V M2DJ1XERH-VN\S!.0>$=ZKT.1QI?OH%^DT""">Z18C(&V89)'QAI0\LP?KRY0 MFKX^`5B0)"#%HB=@GF5)>'O(BAVAEX'_NYUM84H24^VBRF^D19EL3Y22N"3F M-L6MTXE7&_N,:I6B1ZN&LHQ9@(A.:Q>3FO>E9)+@1<*GNI:<5`X!9GMR8#R< MB6+X2P.43HBV!"F7P3K%#<;/"&W3:Q1U5[&Y;\M0W'IK2`QN6::!MFU4AO>F M[(P\()T0^@B09[ZAS?<&ZOF$;=@VA.HH'=&=EL/:8*^RH,7\ND_0]K#)4I`> MG6O%,6F@EF+ID)Y_3<(,GJ'/<0L_8H'R)%17P/#TB:A$TU-.'+NR(R4= M\3+/UC.@#]]L\5/?YT>$[D']'[1],J0M5S\',KJ7+9\H,G0VRT>#'L,T1#'8 MH03`IPVY'X_.)]_B(`4S,J&2ZQTC"L0GA(QPX"YXU7+MB/'/$9[5G)R!_ZA>V$O>@_@_:!&U7K@*M`R]K!B_Y3+"Q MLVEJ>%)&X>?I'*X=YG-1J#+TNL]0)4A2U2\H#%V6\OKTU\!V*%-*V"-1XX:V MR2204O"H!/GR!%%B>1D/1@>*U:Z<=;S046&$&<4X99\&L:%*.W+C^YXJ7I.%$&T?>^B1JL4.^Z?>>\HVCRFZ M!]A%.@RTDTRQT.<_I/BQN["6GB]W"@CK8WHN MB]N>\H3J[V$,=Z&(E3W2+3(*I:UPL*Y0#JVP=JOCRX*2N(\T$ICTVWDD]F*JO?L1VF M]*.@Q1&.0IB7WTK"E$)IMH\M=D%X$21S&=^DE3&ANA+,P.F2=3'D]4OEW$4H9<:>G;#/" MB(V+>2+2F14O`'[#TKF<@/RE7T[TN0\I?NLF_@7"%>R=XL%J_]4B+$C4+(&Q MQ\"@>2AHYJLMBJ(@J3WU/.=D"A-1H+0&%(=A<;>#FVR]6SQMZ!UO5T$&U_%I MD-Z3;-+X/XM_',+'("*3R2RY]`'_@/RN,A2WKY*Q9:X(M,;FS!AHZ=?8(*IY M522,-C4^8Q;(.:8=2F!X%Y/C`M06P#(0;/(+!%$,-MB>9_K;`BFR#916.#&T M6HL[Q\TC6Z.&29.(MI\EC0HK@)@AM"$6V&T@Y!\U6R>@L@8JEQE\4+@^2$NG:,_5=,R"C4Z];+3,BN5)(H>2A=GY\FH! M+M;7[`*5Y>KZX]5\=;H`5XO3]2^+*^_WJ.@!`@WR5XN[*JHU@DX%?=;:,S?0 MHRU371!0R6ENDQP3A<(VQ`4.W;4&/\,8MTD1;K7FVX M43K_8KW21NQ3K(L9Z_H+$?.M3W>6"]">7E.DV+CCEUZJWD::+FD2JD>IHI)7 M.%F=B1L1521^UW$5-(1>%IY$(7HT1#D,RPE*T\L$=3=-@N0N])Q^A/?AD>2+M3!9"=3P-X;']&[*D#1]^NXBUV`P MA[&_C\-AHFLN'+K,9D:%(7Y[=XQ$$X9_7;^Y3$%%=JM<9T%&M^P+3JOT2)7) MJ`12IO>AR\HV34LE,BZ][IRK,SM=K\X6JVMZLF1UO;Y8GLUO\!_7-_@_[.[9 M]3E87RZNZ(F3XB;:#Y=7B[]@M>4O"[!2VL9/>2%M-''('BC&$?W,S_YGLJ4K M\[C`UV@3PCE0;,T.CH(2TBVH'2::Y!2@/?2(4\19QX^'J`K3RR#2>FV"Y:=8G<_A(YOZ&)5_N^I.T>X1*7N'J=-,\2^S_A; MOP1OJP:V^=:T#>659=Q,MHQ*6\*&[*QX,(V-62)?H)X/V&FQZD*-1FD\9RH& MCA^9.V-X%V1P*QV+#/5J/L)@?H7'Z%?)B&&89SU?;\[_FL0L).?3=Z_5DFV<2Y1TG,8N\2"#L1HVE0Z7Z'Q@4@D[G%H0LUL3]R MG-4$N-Q1M4W!\W0QS8`YM*"Q" MTUW#05(!!^D]O;1Z"[?OGS^F)/-ZGE\EOIMOLO"1W>[7G\?,CK'\JYL:,V*[ MG5]BUB`9UT$<$@Q-S\B,%LVH5%@`M\_@%3$"PO@U*.V`RM`D$RY9`BRR"YMF MV#&S606C(^:3U7FGR=**M+^$6"35'S@P+@%44BDHE;]RIC]!V419HE8;>4O?>[B_SV?`KC0DL%6&Q(S"9D:]EC%N*<_)1LQW;MJ+>I"AI=3Q^ M-,RDM]437IY'Z',*SC&RN63T?'W]M+DV3M_"&=O<]35PS3<0;E,"LRNX#Y[I M+9KK';GUMD5M%='\:\M%C4*+2BW,VO">$L3\ERK.BK>`\`>\J@0`VKVFUQ#[ M);22>Y&.&YK4DVE4A/*$'*M-S2@`(LU"'3,QP`7#]`W:O=DD,+E*;SQR#$M8W@#3I%#P\HKL\QOP_2<-,"\4#M:J2FIVW: M_QM25^.QEV:ATJZ^^8,2* M1[Y^$.NP?X7B7,6-E7OF$_2&)>0C&AUJS^JNSDY&\] MYSWI=R52_NHMOHC$:\QPC0^[BZEV85)M\$?9/4R*.XE?Y6<*7T]@>&H#+,+P M:A,N$PB9HE5$5?F^$&IKH4&U/B.%5+5U@5YM>8B=SOJ:LO?[B=2S*M:GID`K M5Q"SVVL>%VDD2J_%\=GWFM((^-(.V#80YBZ`KYL5(WWT%HHE$OD7X4H8<492 MIED@YAL6$X(G/UMW(BV=L?.+?9F;D,)W;:*;(UCAV8F_K?95+;B=1K[2\5.8 M&1CJ<5%$,_:YPZB5W`5Q^$^Z"GZ*XA1%X9;^,8^WEQAI,,[HG^O=>1@'\28, MHC)-O\)-G6.9+^*E=?-FY!OIUQI&:ONUDO#==F&SND6Z[:VR24_7U*V2ZXM+ MNZ`R/,UD\:.1`XT-R%:XLUQ*+5:^;'Y;':\<-[!4.RISO>MB?4 M)!+%]F>>A-G>57&95C*(\NU+=JIRY&?E/\$^"+>>MZ)*G(04OFIKVVE7L+;; MU(6W;64DLN!H$MLNJ[WKH'QQG!X7;C4V];G#F(5C)NOJTK!ZB=(L@5F8T-[M M>QC#7:@R;69JIHA^@\V8D<:P]C8V_@^O@H2!0XW.+LD5K^L5O?3US%>>K[XT1AVRA8`6_P=:JP6)XR*"M29F2BR@C173 MI;,ZK%/>5`>%_C0G;/T31-A$3HNYH M'WZ3Z=2/OWG#D>5SE"/!B38*):!2!JB@^I(IE7])@!*?IQP%4GZC\3)-#TJ1 MN"DHB<*%H'7F-&M@/_J6]O6HDJL)HRY[/SV"M!PJ)0?7^1):,'DY)4;&R>C1 MU0@NW*C*0BD(7PQ@="*I`63\1M#U(4LS/%P*XSN%,,J1EL32AK1UHG#J8C^J M-@O1XTI=5QA?:T+3XPS/W5+BB/$AX4Y-24X@9W@:/?I:@I4L#J.7"BR=L&P% M6KX"]&60K!.Z=67[2Q`=X"5,:&6E<;I/B1NNQ4H66=97,YO!6U*6*MF$)KJA M'(L"E+#MH%M`I0$69R%^2N3K!8>`@XJ@XA)1I"OBHUD@"_,6O889_-)E6 M)]<8ILWDA)W&8Z@!3OX_50/6X"S&$(Y1ZG]4() M*%5K27*_1+2KY$[T@'>G[1\-AI<8@MD\WI(;>_:DFMUKME5$JS9-(FI*[MY: M&)-85H*4KF+%LMG!HQWROKP-;<\8Z?TJ;R7W(ATW="@EU&B0QP=R;.>TM0^@ M/++G$-J7$((5A+QOF[<'(4E,4VH`K"*NLWSUZ,2&L*O:T M=`]C.0,M[8?A[W`?I)"?<&CZT>)G##2Z\3D>H';Y)# M)%U1P3$N%#/OJ\9CJP`AV?2;][A0=$0H\'VCKCD\1-GRIP<0FU,C=N'1N>;G M!<%#T+A:A(?+AC,+PAAN%T$2A_%=.M]L#@^'B$22,[@+-V&W"555*!O3?@5# M=JC6R+2!52A'1I5>]5DA`PHA\*HF!G(YS]L;-!"`]'W4YE2?7IU=WH%F.2"/ MC#<6I'/$P5SL)6)+'+%'19>[*'X=1#"]@H\P/L"?$=JFW25"F4C^5?@B1I21 ME6H6C066Q7S@*LSH4Y`_/@'TQ016_*3>0BI?MXETGF2%;4>.MQH=K?B?14#Z MR'/@&^YP47"SX')W`8SLO(BQ[>?^]"XJHOF7D(L:X5NE%F8!KJ<$,="EBK/R M[32S1"AY%^EXH^_[TNQA111#1T"+PTXAO"-S M#5=PCQ*RJ:T_M&IH%%U&%0VSCH1ZG0P[E$H%2?H7"OJS7`B44M.,PCI`0`,\ MU>JI]"O6.BY30)S=GNSXP"-ANX#>,MZAY&$"^<#'`IFP0SPVS%R&]B@BVY3C M[8<@^1V2"O+S:O<+EH%<+&C(IKX:F(9MB7T9:81JL_P=W390O@7Y:]^IZ<0;POZ[7%\NS^0W^X_H& M_X67/ M_>3IU^FR2*9CBT[]];+&*VE12@236)A)^'5]LS[]K[^L+\X65]=_`,O5+XOK M&YHIF21//EU_N+Q:_(6D4_YE@5_BOQ>3H:$":GA\5`9;EYAB52Y#-2#JDJK* M_%0FY6A,')M^`SDG)EK]W1\`>POF69:$MXBJ76^OQ2)<\ M*HQQCA^[(P3;,*(C!`Z0/%]2;09$X*H&,#4II=%K-'3*NBCJF7&([VZV6AOE$N4T$O1QJPN"+;5RA/: M@0W6`SNL",)*TW<;I8D4--"-+5JJ*=?X.25HVLJ7XQ"7M(=41R:1!42XOE@U MG1[VR*@4]JEM+.&`A*]FX/(\!C!QOU(D&PH`=Y'M5QC>W6=P.W^$27`'5X>'6YB0 M*UNC`W[:=]7%0.W\BVEK&]%D8%W-(JA^H6).Z=J:%0H@UP!,A8S(NY=HG(#< MD%]*#D44,G1SD\2:1BIZ3QK25ML$C\@F[4C^#GPN,![D&-^@AP<\H,\O\R`I MW-D_/1]L=HUK4?/D#=G>F[1.%=\':;A1:]#DNO+F3*0[!O/E]1RE*1,6J4UW M@27=9HQJ39+L/2CJH[H2".4TYYOH);E_"+MHNL9&,FFVV/<^\D9K%!QK-ECC M(MEA8Y6$&5SO=K@ES:],(4E[R(V')'W\*4K;TTSJ"D6SI*!@1F3E&ADV0"KE M2+C:KSZC,KAAV9'&I1"C:>E`(0B(I&=:JD,`Z3NI1;]>O1KG_"/-;CLQ-N!( MBT"EI%N^G:.]6L.*#$?;/*;BBVC$W M?9?(=Y3T.L5E0L4,?_/P-H*L*BIY%94URO2*"AJ&R?*4ZV2:;%&E(%G.O'[] M6254X&62K:L.$-``3[53[/4JUC/M30!QEK,TC@X\EK.Q!;V7"3%Q'L>10>8N ML*^S>YAK4=0B*MB$:$RR5Y&/@[V4AEN83"!?HBDJ1,'1&B[\ M!<$5_FI*<;`K*`B%=4&K\._6P&Y`;-A71W]-C1<6J]?3X@#'GT(:"'TOX$$E M+Z:"`YB,&BB-T7(\X7(85%2#IB%8W(7.8AW^)GABW=L5S(3A4TTX_S)]PD;\ M4*N)62CM+4-,D![56;E/"0N`XJ0=EIE.9%5T-=)S2),TKJB@%1(T^6`+'CR?2FR)0N](*'(8@LL)A?6.9#Z"<4K;RRM(KQ,CNZ)2 MN@GV?9#";7G_LF#>UI*U(HB;6C/CIIW?8M@,&%="0FM#V[/:C#':@;H)D-N@ MFU]QZT+-O+DE=LI[OR9JO$-?=^@ MUU>V\!%Q)'QQF!1O`^,@"=''.-W#3;@+X?8,/01AW&)FKUR1^$XL9Y9/K*]\ MP_QA$O.2C&%"K5GQZ@347H)/[+7OE&"]OD3*G[V5]$LD7DOSI0P0#RGD;TB: MY#;RN2_;2>'SEW:ROS=*,DV#VK*ID,^=B<[*OW$_C#SQC5J^'[IIUGE^*O#9 MD.$D3N>[T0,2"YK,G\+VWC:I3!N731D[\.25:PFE+=,*8&UH5)@]*6,1^$1> M306\7)]U,2QQ;1O*=5$.HJ4`<+U+4YKH3)KAS&IFJS%RFFDDL6IG,9M8\K*^ MM%4JZ,(F),,QZ:P6TG/B?(MHMIN]-!27H0Q7.)_"IO)CD"[ MC:P)V&D@.R5::AWK=A6:QDJ\WIN@;H,H'ZV M?*>'H;O9Q%#^]!A]++ZGP\C+[H+3X@F'1Y1L0]SU>I['VX_Q(3T$$:V6H`^D MHY)_%345(ZCKU,HLR"F6).:!DH'9^?)J`2[6U]?TCK'EZOKCU7QUN@!7B]/U M+XNKY<+S57]:,$!#W-2DE(IF1;)!B'-'N[\>@@0'U^CYG&:["''-J@3RHA5) M/:7\ZZDJ&9%/KV866A[E`L4L5#0QNUY<+$[)C8!__3B_NEE<7?P=G"]7F(K+ M^04XF]_,P:N/J_G'LR66\9RS2A,@:)C[FK14TZV(.2$\VCIB[`R,I+M42H)2 MM'F;QV16HL=%HZCGY0B/[IJ*%!D_PI1L#YUO MLO"1[1^G^T4/^-EZGV\5%?7A[!K-/6#+J!'U[?XRL\!@K2[BP&&IB!FVPZX' M*BR!VV?>]KY%TCNWV-@4;E?0UMHV,$ MMH&_;)2^AGY=M".:;A%]?8W2WO'W-89BO"_^F7%''OTT;?=&OV.DI(N^QO28 MR>MK\,@XS;[&1+BFV=>8&MN\]S44.TM6YS.LSF-X'2Q-8=YBQ%&1S7F*208Q M7KF?LF2RO2\!-BT;OJ#XQ+^'\%E8)2^2MG>-`X"M9X M;]@5>R96)P^L3AIX'9E,89)@Q"&(S4F!208I7)/`((5GD/UWR6[YN$?1%B8I2;R> M/5^A*#I'R><@V;:8.U"[S(NLJ6V8L7907:WDKM4M69;'5L_6K%``KPJ5UV0T M4-?Z`V!ZOG/=#L,2,G1P.P.NEI%Z-MP)@]G6SCB/2&;9F96Q##X179`K>\\4 M[A;:XO3.GL#M\G!6NUZ7,`G1MOT+6JS252L/2.(:V)XL M$KXODA%WWYLEEQ659V%,R;,M223;DCPI(IL M<6I2+FMV7%*E'H;G)'N*D!R0E&K.BM>DT6?I&$\`%9G,=C`U+R,M9[1.0\I4 M:L<@?4'(Z@ZJD9!$PB?##2P0A:,*2(F@YSU.-@$DBJZC0,A?U#T+HT,&MXIQ M5R`MB+P=::O$$=3%;O3M%J+.FK8N-P+G0I.-P2*/"TDDAXB`1"TE,8V<0FK4 M:&P1633_>HZCR<=D4T"IQF5KD/(7FQ6#LF(T'HDSX\;?0?3@1%QRC?192%8- MXRWC!I6<%C74.:$77?LY,`'PET-3FDR97$>=#U$%+%"6;\]BB>7MS';TUD&(6Y$*%V;6:$RK`+V(N)A*GT4M2=WYT^4<1+>S)%I,:97/&%,+MWF?IQ@"6TYTMZ`%>H#0E!Y]XVV[>PQU*().[(;<"?0AC ME(39\S+&$(1IAG]0TPI;1_D`LWNRCD(V[M)T^MU=,:Y+KG;4N"O9=`.#ZV]D MO/7!886EVR:_=<$YFY)$EG1TCKBK0V&WR-8JU:VIU@_,7&,SR_6,D M!N7!:CKW`7XI,4:R+^W+BC(N>\'I(0DP\J[@!CW").QLLI%(E+U*CH1AW!26 M:66_-<^Z+`IUY6?E0Y"43WU'";&CD,*7;7.N(UCGA@./__:#K9ZYL;MQ56H. MOSIRAU9\;N%O@$@L(-V5; MWWYM)W!Q[>ILJ>9OG@;S+$O"VT-6W#1V&?B_-EWB-WI&N84ZOON^TW*XU`-_3O?;769!D8SJ?[GB+2/#VW&(- M=+7PNA6_KM;JF3)7+V))1\73;H)GO(5KO%(69B+%)9M8_6#9[QO`4`QNZF,P:\@@08YF4$C)Q1<[E$QNBG8X,L1C\DEAP^8^#9O(>/>" MD2&=%+>`#'>-Y"6V!9,$;FG3_4L0'=KHDTCDOYXK881U29EFC2+?L!CY2$_\3"_W;R/7Y'GZ?_`6*4_Q.$ M%#@`QTATR-(LB+=A?'><.!*%1F,D>;@LF(U@3M'#'L5D3;!^OWHYLZD@V[Y" MF"]KYY9963U,IS[E12A<.LO5K&Z?/2EF0RL)\(G(3.7N8:F3NU?4*F"B'%-+ M5#C7UBHAR!UCKF`6A#'<%B;P<(C(%,LZNX<)B<()O,?#N?`QWWG$C7_:>OEWTM`S8HAV_2P$ M3ITRQ512MS*C[T%#(!^U^^66/CC08+\U^:>L7E%RB*"AUFQ.IDBWF*M3, M;D,B+U")MC(3LW.4P/`N!J>')('QYAG4I$$E[KGCKHD-'D'5,=7EID272TS? M4!RA!1D7A^VV@P_"Z348(X!1H:D8$XY>&HDSN".#HGS]Z!)#*55O+#24NXV& MDK(MQFK4U&XCHE:P$HE53,TN26]DHNV'#EQXU-6'6Y?`"C:X1)X:6D=H9]Q" MM=WNY"J@6.JF2I-N@1S`6:%%<@EHATFGFNL29^@A".,6;:0R1;HIOHQ9KBE9 MN8:)I@2F)5FFN!JS]OH7^,3>^,[C)W494OK"K:Q2/-%:2BDE_SL^X<*V=YP= MDC"^8WG9Z4IUD9$3;DE]<3M.NXV==>*A!NHG9#0-F&^Q'E1C"SVQ087W;,[6 M,\>.Z8!-[5F16,CW8O1@)"%SWW*V@FO9:6T5GS:@;776O*.9=-H8GID:8'KY MC1WE_C6J_.:6:(.Z^@FY<7"J$8;/>U4"CT2CJF%-H(M7,C19?='[-R,VG8E6&A1\EXS.B3,]N MXY"2E!K%5LJ8Q9K=,<0:+90J19X!N%>(0BI6U6+2$1#)1;/MG46*37IEBN$# M4&/'U:#[(=F0QMXSS:;1$9AO\.`]#7DWR>NJ*33L3;71X@ZO=B,WU*TBAX62 MAI%&PYL?//AU-Y`4]^>O$'2L3<&^?5_ MSWA-F%9=M".&AG7MT29X%<9YZSB%BVNMP+8OW`QF@CP*J9OM#4_'PZV16]RI M$*NOC6:6CGX$ZI5LFHW^-.@VD6Z"_C!4K*?2[(_?MQ?7;^QFW+2#S[%B-!8] MDB9Z4,^_%X4J,4"KY^\/OTZ:2OO@56WZ)C\^M0K308V5;:!.I/%A_U[&FP0& M*3R#[+\ZS9#<@DJ#)+(P'K7E=1Z1XL*"!Y)=8$^)].QO4"B#5X7ZE%NJ'K2I M!0,ER*H$!;XAQ?"@"'MW@4+U?+CJN=VQ3MNZ..\][$"MY#RWY+"L7[IIG(G5 M/+"M<.+5.41L=>0LXX-TU+@(F<:A!!L8$?6ZK*+$7;`L[_8)LB#-$K2_[TSF MRT3R;\`7,8*^K%0+@5%@7HQYKL+L/$S(C1CL:$Z$17S/JDF=A50^;A/6/,D* MT8[\;BO:67$ZB7'D>7[58^W-L7I>%-(L^-YAKR]([\\C])E;P]#^,@WI!_;[+P$0]D87H6IAM,UT/W,O:B[[?VAHDD6U8M'I"AE9K':;C9HVU3OJ4*4.[_(0Q MQ`B[GYC\M:SX$V]!:0E4ID!E"WPJK/D>($R.8L+AQG1)YJ[-/\.5VL)XF^*1 MU0.*Z315B\DRD?R+\D6,(H>L5+-8(+`LYC=7858^/0'L.9L@],L^J:^0RK=M M'>D=LM7^=HQ?\D9I?/R1>A3_-KA(X5`Z)(:0$%[B+:^T,:QC`EM;G% MP9>LN;%;E^]@G.%_I;BR[.;E>9)@A]/DU.GI/?GG,IX_H$..J4"-"N_TR9BV#L[J*8XVC*LR* MX`%6(-D/(U(]`66I?L.B8XHB/P1H!FXW95=-P=>(5%;25K.'&!WB\RH#C,/I9?$7`)$[H7Y`8^9>^C[B"\5Z[(0B:6,\M$ MUE>^838RB7E)1C*AUJR\AP*_8_NI[O(617]."VJIP.WX2=DRH*DM69/K&DZ9&MOCK8.=<@\9B^?\;.,E/^LG1LRW+P,R MD@-_=D'C<`ZZNO3L!EU!\A'#"*Y@QN:`R,F>&T3V!5\FB*PH;-\_?TS)#-%Z M3U=GQBRBF/D>I0BS2=$1?[7A?/LX-9/,P8Y18&US!259:9=F-VM> MW8Q?TW,)A7UP^PQ>D2)`&+\&92GU$PE3.88P*GF0"["V)J%'**DV?_UEQ`&[ MZRHO(1PT=UO1@)"4`8'D&0WSI1Y$_Z+GD@XL``!4\G\RY_N.E_7"Q:?CY[W3 MC0%DPU=ZR98DA;L")$+5E@"ND.EZKZ1DX\T`?-O2)5Z>RJQX#O(7T]D"(/,; M4OO*G:5=CFQC7=<5#&RO^=M!0WYU+L/#5%;Z#6`@6>.W`03G>Z"*+:QASQXH ML5QS#Q1/SL8>%W'Y5O9`<CS9WN+2Z_0*_'SQS@87 M=_`88PN4+93D09'B)*K>'C\\>G9`V0&(NQBYSNYAPLD8=HX2&-[%K(*;YYLD MB--@DR_DT[\B=J2@[!W3!.(WP=,E6>3'+[(L"6\/&6D*;M!EP(F[7LK.O>:X M;*,`X.4[60@IKNLM#E-N:S++S8)-;A=DE2D0E+;\!D,_[$->0=T,V4ZK4#4# M7T./H*ZV5B&_T+A#NERTP&:2T.9ZQ0DH@E-1.*B53E=7:^77IM;*FUUP)4Y` M7@U0KP=!.*O)U\#FGC)?0]L$>LUGQO@?V26."ND8'61;Q?3TA0<&+&2^LV*<:&S2V*NT4E-R[OTLN!IFH'=&AUZ8[AEXO4$:]/2 M^N/R"V7XV!W)HR2W8O>PC`"X)\C$+U&:)3`+$YHX`N05`+0&)R^JAW@\@42W MWW>$H<1=;RZ'/.Z*TA_7Q#OG=]4F<$DV4^Z:DE6;N8\MV30*V59_EUETME45 M<2BV4\*L-Z3FIMJAM;&^5AGT&SOM`AN-@JMF3+1BN@J`+X:%5I6WE38R*ZC<([.A7A>:ERRC03=3Z.@F@NDTOL(*[#EG26\$]IIE,[C8(T M#76A6IPSPR.N'0Z> M$[2!<$OOZ"KN?E_OV)VM'^,M3);X09R%CQ`WY/3Q^R!M_C3:>F.QZ+`-XSN: M&W^]IWVP]J#:15G%8'O_F*`LBT)RL" M'$@9H"R$#C/HJS>WI)QF+R$?Z9=EL2LR0%Z:YR&($[8AIZ!N#5C&++(VD/E2 M0XG=&8:7&5%(MRJ_+*;:%5%$$?BPC]`SA.`VGQE,J>2>6/L:'.S#]`L(#PXW MR21W09RG>R,YY5$4;H-\S\\E_FWX-]$_U[O\`K@@NL9/V#BB=@$<_M'A78Q[ MO)L@SO)#1OA77F)[),&%*&.;K^*+337.BS=;BO?TM6QL,W=?=O*S-Y_ MO%ZN%M?78+XZ`][7OZ\6IXO3^>K&S`_/5U_7-TL5S^#R_7% M\G2Y\)RSS!LYD6_`M];K'=>BMH[_-3[)JFMM"]&7')SHEJ-:F?3RM*I4.C2N METM&T67)H"JZGO>3#J>KTD%5/"C*GU!NT"\OS@EW)GVYD<[E9"SS2OC@(TP$WM<76O8GUT/`&XV>H-.,`:W>&2HRV7JVT\8Z(3R=8P%NK$ M\SDCX\Y=H%_!C)=RBF7^/.!6*4\^U5U#&Z"9?T4M32-&#JBC&2_U"A3S4\?. MC.R6EZ2.K)1`I>67L$.P@PR:Z",J"2-Q_\8!=TL80]&[A M)H%!2F^YIFD/24-#_P'_<0@?@\C_CA!7D!6U.R3S^X)\SE9MVIB)MY2I MU>KO\C@CI92$U4X)L_=!&J9D2HAVQ1+^E-$13^^(DZ>.P0(;TS#=Y*CC<,OK M75"BT*0B*K[WR58@4:F%]3N>U&@O53RBRW,DQ-3`0,XWF8;T!A<5"Y6Z45;SE0M$TI7KRA@U1V7RWMW>YFK()E_.:FD$2L5ZF#& M07D!8L;)]&;+%6;8`MS,_^:;3BH^1!H?NTD5B4)%#!UPN*/!]>$VA?\X8+HN M'@EG1;O'>N7R+R*1,R)`;_D65KYD98@9(-::77]\?[WXZT?W0L`$2T>2?59BX["J0JJ#D M6:&KT"M9=A4DDH9=A=XZF'859`7(N@IBO5GQTGM.=!47(HUOW>XI"!7J/05U M;+@\OG^;]1)`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`$T$YGR\D\ M>9#>LWGT/%]&"W:]HY MI/R1.5<5\L1;=PVZA(/5BT/M(:&ZNC-_6U[:F0MXGEJT`1+IC9:V8.+_AG!R MRZK";9BB]`AVK?;<_ZUM=93+@`?^-@L$ME(9_8M^=\*DP[#MU MIF6L]][):T:B>K@R-]Y_W^Y1DM/J_-`1<;1JP#<-EK*=9R<@9O3,@J>?OI). M#4#'1;NZ5R_PO_##XA'^/[*@@)_\?U!+`P04````"`"=BJY`,8>4PXH@``#] M#P(`%0`<`&%M;W0M,C`Q,C`S,S%?<')E+GAM;%54"0`#.7>Q3SEWL4]U>`L` M`00E#@``!#D!``#M75ES'#>2?M^(_0]T^6K M$VZ'."WJ1E12DW,)6]1??ZAIST[__N']0R'\:QISG>-P7XKSI(I:>O0]J:IZ MSMZ^?7M:?'W%K7=R4MHO81&Y)ZL3\>_G^QNPHK>G@N(T)FOAI_?!@D2\QH)% M]K(E/[]*Z68;D?JWQX2LY+RB)&FQ$K9]*VQ[]J.P[1_:-9R.%O43RX+H\/(V MJ\$*'401)#LN(AG MW[_YH03K']3\QLGZ+H@$]AX>"?6_B)Y)F%7HNV&:;D$<2 MI_2)6!#>N*YQ.EX$Z>-UQ+ZF0X1N%![9NFD:1BS-$_(N2"DWP5U"MD'9(W*] M^?^EW`+#&[L)>UN:",_%&4LH&61;@)$MZ>X2MB5)]G+'6W01!/^9TZV`V3A9 M%6QM25ZT#NY'4C0'WA8LP`+B:4OFJR")>3J8Z)/$RO2/)PR,/HN,D M5W.V9G.R%DX*+C=;?86KSF8^%\IQW]B`9X@4UM27Y)%=KN(Z+K@.]+I/6;VL"FP M_BEX'M^#-1A9;.<;6F1&:9$:52X+1_>W2L;V$+#B@_]V?W.>)+SUEEG@6$CH MN%O+(T18++,HEF8)'PXD115?2+3B79#(`T;J@JO!EC[7G/M[E@K/W\3\!S'> MN2R+C$SD=;ULZG(<\ZTJI^'R[NDTSDJSY6&VD\"!3>SE&1,*,+/^:!PGG M'KU-/GUI1SVQA?O><_M*HBSQG/6C8)P-V"*Q#37SZ],BO#/0EEYAH3_96%*?;8DKJ=?A(HQV<5@G;&#J%H31L2O_3"::"DXR=R!GG M*6?(MH)8S*6QA&>R.6$H[J]@NN0A)$-[Q!/O^%O$C]#M"T'-^CF9GG MU3J.<7V/L]SWWQ_3][4&GSA;()HU/W6B5OEI-@Y6:#3,KVV&8>SW/?_?4S?GW.QED*TZRA8=WPN_5;9 MH?-M-CY6Z33,MQV.L@[6R08:+SF.0=K$&.D?\]/D;^QJ*< M*Y>\7-.()*D4&P!-"Q,]FIEA0:WC&`ST.,M]_W:"P7L9PN[)EB5BR4)L*-3`'J@`FMLY/CX*P%[P/FW-$OG4CI2BA88.Q1RSH3E.#WUON;GV?F;-AW<:XNL457GZ>AT$VQ*=),K2^II$CE5%R1D:W3@A$^!8NH.R,H_]A5K/HX67,T M<@K3:-5N@QC6H@UV61YP&=Z"JQ]"$@<\3)P_TVY85M)T'=^FF=[_;7\RG#:` MPPM>+=>V>;CIX4K$SW&Z)2%=\'\RKW0[TM# M@EH5*HG#U:1U8'4",)1G-X!D1OZQ7N3M?)P>`'TW,XT.``!VC(I%VPX#59N> M+0"J&64E#@":%AQZ-).A`O`[PVG3!D:;UQX4/1Z>84.!BHB4:7FZ%F.4Q]J?_E(NN"1 M?:HLV?[D+C@4*B#!T.:@VE4\0^?7QQ,_!<^E`/8M#KH3WR+?9(TE:ING@R:!$9794"7?Q9:XP$FB':WOU'$:YV%G4 MO:IG-ZS"%]D-MS!%'(36`%UU`,.Q]"S!!J`$F-!I2`QTN\ZU,\]EI4FL-'MU MTJE2>7'K!-ZEIG4/V+ALJSTJTR8:!B4[60>JI(/X&:XY-A]!<8:.C[V9:W!Y M3X,%C6A&"ZV;]]F*]#Y[`=8T38M5OL`7F)5R/&O/AEH-Q=4+Z7K" M/LS<65(WA@XST+@-,&Q5'=CYOB`OKM^$%B]Z7W;]YL*!Q0D$#IA*"Q`>TF6) MA6X98K8(J!=N[X(7L6JK7A*7$W46P[M$CD,$I9L)6B"&GO517,TDYP+W;-'' MCIIN#Q^(SGT$H30T!!'$T[/9P&)8H461AJJR,$CE.()PVIG@!^0X]UF]JF$T MAJ;*L`/3M<..C,YQT&`U'!!V9#P]FT+41AQM7/0%R%^"$'ID;:C]\?*ZOR+-46_8B0JWYRT5URSI9:G%I7+X#5(/R MLT3N4/N,A[)!S7//]_=/8A0Y:OM=#&X/&I/E.Q+S/[+B>0Q,X+7*L][79(?G MK!K"(>PXO'%8DL:S;0T-+>&,%4Y59X9(6"R=TX:C-RMX"YA-)%FQZ<-S50H/X4%#L M3TKU*1Q'B5XK$Z!(N=F;2'$$*_[;$V5"Q&,E*'F463VM^)-GMZE/PW%_)&E)ZO[YE5MIQ M;(ZSA@E0C6OR;**A;QUM4J]-YIV'EU8G$P3)F'DVWZ`;K\!35$IRY.;HF8T) M#;6W,L,%5*1Z]&6&,'R7ISRG2-/&0\^[F9>,_Y52KE\)B^PZH(ELD#"*1^6R M@3QFA6(;=AH.[8&UJT^I.+/Y#5SATA,"6^!FNQ:%UG@XEE15[!!B9V?W])>> MWQ7>>209#7D+F/RNV-_S#>CG4<2^"L=WKAC5Z=F:D]S3,>9X]LH3^:Q^@^A/S$&5_CKY/.1LD MXO4=ACLE?\]VO?5T+1ZLU"*L306AJZ::+[*D>EI"5DM0WP8=.YV>X5DZDKS>CTA`JPS2ZO M0VMK#V3J[&ZV>\1DJL()'I):`;5YIGEF>ML#'2+9&[3ZY,A,:\,TY=:`Z6=8 M+3^O^.W90'MM]=NS@=^>#?SV;"!XK5RWB?<(OCT;Z-MD[T,0D?2>/)$X)^+: MVK1_)[V*I`:$E&1Z2/0=SU#Z`,!XW[PD4<[&NQ6GE&=6A7H/+.JO`4B_[N9G M.U\=Q8-:"PP4>AP\"Q*_)"Q-[Q*VZNW2EWRI[_5N?G'4\[#T&*^W2EM,+25UW:CKJ>2#-3.D!<--6X$R"%&Q8)I#T_9L?*AR)7WZ] MBM<\0).D;#.7/,N/6/'`E!Q%6/+*HGKR>>#(4.T!0-+7X-E6F?,-2S+ZK\)& M8DJ[_7Y0!W8XXGH3JH9X'I`S4GD`X'3\/.-(I M-@`Z$I:^'3KD`]YK;NN+(`NXWFS[V+\+2T%2'RZ4DLP#-@CU!B!'SM6[!W[J M(V07;+.@<:`Z0I8D/.X6`^7TXE'\>1/SR)R+95Z@R.[VQ@X@CUMIYSCBH2N= M1Z.9Q`4#FN&QY!QVQ.UMV9)CLA8;):=NRS=QFB?B(,X]"=D33]![/8&"8O=2 MJ(1B'I#6*S<`?U*F4"]@-%9V"SL[8^PO\X#2SCY%-_%L4K@^90QJ8S1)W.3B M68+YD<6LK6;53H!E!S1]96<$O:,8,M44@R@$3\_V0O/Q/.&&`6;Q@*_[=ZW; M7R=#"AX+3*=4&R9:QM6;UFV&%M8/'.N?Q/4$H"VZ716*N'E)A()X'I`R4GD` MPG3\G5D\.'"GA^WLL)W<7/!U0&@9HVJV.SB^)#0CMZO5[:I^ZT*\IBF.H(@1 MAAB&=."%+U"9'U-@'H`S5GT`\C!U>#?CMQ^J%-.;QZC2#CY7;7,KKA#Z0[)'Q+T^5R1Z]YER<>L69'1RO3 M61\S[CFJ=!8/^[G0K>QL4H6XZAT8:>L#J5HM14+E-*IU6N$1*.%DX8">6V.I MCR3;-Y3SIX!&XG#%)]:XE**Z)NY=D-*PF_(.*UTGPJ:E'<7=."N@9H),:Y#C M].UJ7J8D"$`<^$ MH,'!`L*/$C=*UB"$O-NZ_(70]2/OM,^?>"*Z)A_SS8(DMZO>07X9H@:5K4?R M9F7=1^`88Q@BT[`JS^8NN^:YI%$NC('K.@%J(/[UJ&?2?:JU'-*!]C@"<7"V M@1!0&`!QG$F.< M&E?G6?>*>?_H3AQ8$*\N9`E=Y%DY<"\OG8<.Z]KEVES;ML'5T6[],%9#[?RR M57,=SKUK#]7D<.4CO9H M>.UPE^`HN`$(FNWNFE*_G2&`1$M#U5H&E5!-!AN=W`R\=4T&%X!;ZX*UBHO^ MOKR);QE-;U?-U;#]2C^/KY(&\.TRTF_7%'Z[IM!.O$U(D))+4OY[TUJ4+C?? MW+,HX@G0UR#I3A0.++V/SV:EI\>8M+L?9P7DMA:S&IQ)+(%K8`KQRVO;+W-Q M"%AJE5\\D"6G:F[>VS+7YZ+,-KE.F M'8,`R@YETEX>8R+>[B%J&V+-M*&4,[366\I@MNJF,H#MM*^J6P0\W(;&&KO; M<5B16]&X!LCK3.NRE3G#-K[GXY6$AEGU1L2YB%3%,)U'K16A69[T#O+;8H?H MIW#L?.N@!ACQH#T33A[/1AC*:&*OU9CSP_19CK<;:^#7]5*C6])82;7]TIBV MY66'=![R\%0^9632\Q&3F5S-D%90U"KYH!(@A##'P+QRA#'30P M0Q(X2T<$&<6P?6+^D379)XF3;./G>: MFHJD\IB<9(X01R@[&I[R.H9$6EOJ*EWU=UT2R!,:@6#-U016;(PX'&L5. MNH*J5W5WAVLCP3+;PJ-Q&`=,3NT<1HV!ILNH!^`4*X,VGS;#JBL/$YH93B*A(ZKTB7(E37WV5TXSO<>5 M?F4XY0#'RU@79W[E+)WT?R,/_$#$F<^.[\'O^],8W>_3G:Y5NI+IE>F4"Z5*Q9%4ZGC#4I4UD.5F`P+7S-36,'QJAZ/9[ERGK-)/ M[)Z$+`YI1%I6X<;`V1KH-`Y913W9>9`J/&I\1_#!H5KH843W+-N[)%SHD!;6 MXW]'I$!IO#PO=S7(#C.:%*GW[Z.*3+>2<$B0LT$6ZRPU'$#`XJ0`2C#/>J[Z M/?20VPOS%#U(UWF%7D+G+:*QMCD.C!726`C7;AV"Z9^YV!GG(MC2+(C@VY,- M"X(7=L(%O07\8.L=IP68B.?9AIZ^ZN=AR')N86Y?0I\D:R\F18'KT*_[F[O@Q2@MZ-!KRQJ[;`8;*!75V>;6.3:ISD7`4:+&A4)/48 M2`)%5*CL%?$!F&H[6,=FKSHY/&=[LQ*H=#DV_10\$Y/`J2ZI`ZNLI"^8U5KE M(-"5U0K=L?%FKA@N4%43U2N#`)&W,UPHJQQG-@L2 MQ3NXUAGYKFU6J7EU-J2W$:BWJVY::B]1;*9G8ZUTJ:1"<+V;)?9ZFF5ER$ MS<@E^]I=1X8)=LE!G\!;T&JM<:R%A+X8$#1GN^FA\VJ`?/E73;2[P$!.Y"U, M458Y#E0A42"XSG:%ZUV>TIBDXCK'!8T+JY9[G]8B.6)QRHV65.!*`OYK86N> M-?$_>?J_$9,JMRN@2#VB?>G`_[B55L`Y5J7>-L])O':^+"N_6`.!DI(W7N3M+@'7]BL^M)];V1(TQ'W_63G\5)LU]>Q.G>1+$(7D@&;>T ML(/$C-WT:#"#.DT:P,`C\(^VW\'2I@&">;=F#ICSFL;<&I;GDP8R5:=3QDSG M-9\TSF8CYI.,*_;LD%\S.MR3;=5KWJXNR:(W@$:02OJ"/JEK47\H^)B135#Q MW5"4;GSOB^!=)&]U9VF:B][L=E6^(O8YYMK=\!^XQ9[$,1SYN]+%S="<+,J7 MW*K%'H?;K6R[P4 M_XA5QZ<@*O9$ZK,/6^SJAV-'LW-TGLBRG3`S1..K].Q8/1`JAN?8PQ/J66%W MN/8C)C)-$#GH)+T+^:J\,9YS@R3)"U?];T&4=X\;&96I7\'"E7$4?T,TQB`/ MR5>.N1\'8(X#F;(E%R;)O$7>K]___K#7T_G@Z/OC8/1=Q9.GH`_Y=ELNU@91 M_?C63;QBR:;T-_!.FUFI^KT9;"E'\3=,:PS^T)P=NDP!>,^^R!\"NN2I!``> M!44C3/4HI@.%H=L91L4.*G!5U*&JQ]HA6-BZAX"+0=),:-J!C^S3[NZ!YJ?) M`*/R/E,JT$:%A$]YVK]9WD/7-ZX\*I3O`0`BV-]/U2-P%PP:99"0Z'/Q;G6^ M#HR[.^/KS67Q4C+#>$G3,&)IGA!%-V2#7://&L=N;AV<1>.-Z@W'R>%0,P$R MJF+Y72SDDZ48HS1/P%=WPHF5_F(KP>BC1G,&G`M0)-9L%R_>@] M1K3R,4MSD;S+$1KO7M(_EG)X+WS<1\5Y? M>KLJ+LVN+A2)EW>-*B=[4/PV60=Q]2R3:*XLHDN9@+>K*@8$T<[\$*BM\JR/ M$]GA.=UAJS'R[X'TB4/Q'1?S-YLF5["W87TI^\GBE5UPLH.;OAT:K4A?'!6S M+O7LWW"S8Q&Q:Y6N8[JBH3B;7=X_SS.G.\XOY'G3@5NP?$)3=*W7ULT;3:@I%7@PIK*L+$0WC+&:D M:/>Y`)!_ZX+?P^<%4S=B^.*5"4^%R24"&C::?G\Z2T<_Y8DXN6SZ1C^DJ,XB M;@4%O*/9*'.T0X6VUNH,F$%M7@608H*T=Z)MLNBQ%TS<8[L7Z)Y$8@OZ!4NS MM#B$MQ`BU_O>@=!BAUG]UL1(9M,]P($5_%U3<"A.6>)F:E2(VV31S!*VF&V+ MMJ/?."F+1SW&2N=5M+P*DIB/%5/>1^Q.VMR1I##`9#&S%JH6!(B&.K+Z'`M( M-MW!GXY(4&S2T@$JNA!/M-YA>/W:,0#B7!RT@3EZU6X?R+J\86FW+6*RUEJ) MU5^Q:924(>>7)"GTBYO6^Z!BY&5(\LXN9-Q4`R>_G(,JA3QA$W-Q8IB*?; M:]@WOY`,:N]8\GJOH)9\PLTF*/JZN`OJ%L>57&O6>SMWOS3-43@O3I[[1*H0'_FQ;3<+F%%E[-X MDE17*9R-FQ;$JNE"$S;W(1MADLX!!FS=90:/K].KYB_N3+M=1'1=\)\ND1=R M:$."FFCW++V<:+HEP)9`X-*>FDJJG`M-7.,3AM6LLW0FY5J^53Z>E;PG(7LB MDQ[NO'KFGN.FIG&0O'#9/L=YF@=1<8TGM$?9H$B]F1=59+J]RTWQ"J'TP;>)8-LT%GWS.BQF(/-*XFOT-(XP:LV]5MR@5<R@=JWXX.J*A$7L%7X M'1@>2$3"C"S_F@<)ERYZV5VN<1EDP63QH2].XVR'=I`TL'0%(^/2DP46I:10 M8#$KA+&)"X%EJ,O90(.T8XUA[2+\8&OU._SP84P4I&EQ6\_0[2'`K&>/M39L M&)38O<.(*#'AFY-=XVKTU6DW8?LV\0W3J]9NO@CFY8N0/:9^M\Z'?)&2?^:\ M@JNG2==HNH*`#[&HR78OKT!D$SX\TQ8)/$JIHP-4=*&+UGJ'X?7KG)\".)>/ MR8`'-D550)``,Y=[%/.7>Q3W5X"P`!!"4.```$.0$` M`.V;W7/B.!+`WZ_J_@<=+S=;M820[,YM4I/9VFKIR78*F[K=9/:NOSPZ^+F*$'(B1-^$6C?73<0(2' M243Y[**1RB:6(:6-7S_^_6\?_M%LHHX@6)$(39;HF@A!&4.=1,P3@1480,UF M+GA%.!&Y:"_]#U4R11Y7\":%9P1]N<,\0I?'[??OOUX?MU>:"WDNPWL28Z2P MF!$UP#&1G[0;"2@DZ M217I)2+NDBE.F0(_^+<4,SH%+7"/D9APM26PD0WUP>7Y0FZ]\?'T*!$S>,]Q MN_7ENA^8,N:R&$IR:/DR#4;Y[UL:BXE@^1M.6SI[@B7)Q7G">1J7*T1*M-1R M3EH@U`0I(FB8ZP&^&<;S)\4IEA.CM,K0Y6HWC]O-=PMWUA()@Y=E M8D^U!1+4XA#E`)V'3PY%9"UM)"4)CV;)0PLR2@JU*-37BD?[[.RL97(;T'H0 MTNT'21#[_:'[O]NB5]DK$IKG3:0Y7W&Z7Y7JKU!S% M]Q.ZQ$P'[^">$)41V4JQ$VAK`@%4$EDAZ/B#KCL(W*[^%?A]K^N,X>'2Z3N# MCHN"3ZX[#FH052"&6(#+]T11\*%(93N[`M'/+T&$WFV]XX<:61FRIVKUIQX, MJV.2H2HFVQ&='-B+@C'\NW8'@,?O(7_HCIRQ!P+(&6C)Z^'(_01JWJV+O`$\ MNS6U,FH=+.][+'F4&:WUHYW2Z8LH=9S@$^KU_;LZZI4/$*@,62)302ZQI-*? M#@69XVS""4."X48UK,8+SU"P`6UG'Z^U.7@P%E$R11LVS6!BTVK-T<[1XP_@ M<")@++E+;#/+SN:DP&9#MR9@)S#,!O/+(8P8S+CZ6TKG.FCM\M@O:*=S6J"3 M6_H1&5O9"#RW5O.R\PI4$OX.L8=$G22>$RY+P]T>*3NIGPJDC)FFL8,V#=60 M[)!<+#CE,PG=I$L?:$1X)(=$!/;!)V2.^+O2HS42\W',Y%!Q]![B'^T`>R.7VRB]C(_-(NCNFV M;*#,2(VF:@BG,)_1"2..E$25C.-V\NW=Y5\E@[G<`,HLU$3L1*Z2)'JDC.V2 M>$JW$_BE0"!7K"N^*DIQ!5]? MS_Z+M:TC@FR3:&?9;M]B73#V.__^Y/>[[BCX)_(&MVXPUIGU`NLKMP.]-*"6 MY3P[X.O)H4VBVI"]=91M8#V[=;QS/]]XX]]^V-M,4,?I=]!)W5KL07Q$0H:E MI%,:EH?QHH!]-E`,Y`4+-9.*V7,ZD>1;JKN:7G\M("GDV_M;<5TWN+D,H/_H M?N3>ZJY6$ZF:G.G@-L:+LO7U=9:=0W$%=Q6IQLX7MT90O7014_/]D>;3LQJS MAR5;'C91.Z+BTBT`NO;&V?,W+1L.\,:J`5 M0'L`HY]('1D]#@GZ@!.,T)('4K9[7"%MAUA<@^P!,M3W@RR6>H/@9F0.0(W< MCG_KCNJ06HG/"6'V)?@K$[ MNAJY=3>KW@%C)%0D^IQB`;7/ECW*H?-0S+I8X>)NF%7:3JVXHAFX?;>C)].? M;YP1$.O_!CUO`#W-<_H(IMD.>G7IN3NR"%% M84)L:;VD'-9K+WL*80I0JM@B3,D\I;DV=7!QK!=>;,79U=$_7E(`V_V<0Y@8 M%?W4S/4TE5--I5B*U6TK4PS[47YG`J,O'*Z.(.G;#E\/$\^N3)@[2.>0!K,G M3Y%8=RSP)P4QJE*M<262=)X+4A!I(+PRS/)CHF#*V1"UL8CD M-8DG1&PX=Y!TYE%VA_0\2F),^5\:'_5I^B&FT8"HDI!?FOO&(OQ&F\I6[-:[ M\$.\U-9[(HDW)C6RO$$>K/RGQK3O^"SD1T8V9G9%PC:A-P:Z:H5O[<*8+-0E M`[*;HY>7:&_U5I6G_ZDQ:,])%2O49^B\,<:5)2]#^QRE-T"TL*=I97F0]%]( MT4R+LXD*//T!4$L!`AX#%`````@`G8JN0".68>R/+@``)5H"`!$`&``````` M`0```*2!`````&%M;W0M,C`Q,C`S,S$N>&UL550%``,Y=[%/=7@+``$$)0X` M``0Y`0``4$L!`AX#%`````@`G8JN0&K2X0,."P``KHP``!4`&````````0`` M`*2!VBX``&%M;W0M,C`Q,C`S,S%?8V%L+GAM;%54!0`#.7>Q3W5X"P`!!"4. M```$.0$``%!+`0(>`Q0````(`)V*KD"T6C8MN!4``+U+`0`5`!@```````$` M``"D@3`L``00E M#@``!#D!``!02P$"'@,4````"`"=BJY`T:V2%1=.```K7`0`%0`8```````! M````I($^4```86UO="TR,#$R,#,S,5]L86(N>&UL550%``,Y=[%/=7@+``$$ M)0X```0Y`0``4$L!`AX#%`````@`G8JN0#&'E,.*(```_0\"`!4`&``````` M`0```*2!I)X``&%M;W0M,C`Q,C`S,S%?<')E+GAM;%54!0`#.7>Q3W5X"P`! M!"4.```$.0$``%!+`0(>`Q0````(`)V*KD`5BW0>>`@``,)"```1`!@````` M``$```"D@7V_``!A;6]T+3(P,3(P,S,Q+GAS9%54!0`#.7>Q3W5X"P`!!"4. =```$.0$``%!+!08`````!@`&`!H"``!`R``````` ` end XML 20 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "
" + text[p] + "
\n"; } } }else{ formatted = '
' + raw + '
'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+'
'+formatted+'
'+ "\n"+'
'+ "\n"+'
'+raw+'
'+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, 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; } }, 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( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 21 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6

Inventories
3 Months Ended

Mar. 31, 2012

Inventories

Inventories

2. Inventories

Inventories, valued at the lower of cost (first-in, first-out basis) or market, are as follows (in thousands):

March 31,
2012

December 31,
2011

Parts and raw materials

$

11,830

$

11,268

Work-in process

2,284

2,017

Finished goods

2,527

3,090

16,641

16,375

Less reserves

(1,989

)

(1,946

)

Inventories, net

$

14,652

$

14,429

X

- Details

Name: us-gaap_InventoryDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 3

-Section A

-Paragraph 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 6

-Subparagraph a, b, c

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

+ Details

Name: us-gaap_InventoryDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 22 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)
In Thousands, except Per Share data, unless otherwise specified

Mar. 31, 2012

Dec. 31, 2011

CONDENSED CONSOLIDATED BALANCE SHEETS

Trade receivables, allowance for doubtful accounts (in dollars) $ 197 $ 284

Common stock, authorized shares 50,000 50,000

Common stock, shares issued 8,649 8,466

Common stock, shares outstanding 8,649 8,466

Preferred stock, par value (in dollars per share) $ 1.00 $ 1.00

Preferred stock, authorized shares 5,000 5,000

Preferred stock, shares issued 0 0

Preferred stock, shares outstanding 0 0

X

- Definition

A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 4

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5074-111524

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The maximum number of common shares permitted to be issued by an entity's charter and bylaws.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CommonStockSharesAuthorized

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CommonStockSharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Shares outstanding equals shares issued minus shares held in treasury and other adjustments, if any.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 02

-Paragraph 29

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_PreferredStockParOrStatedValuePerShare

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition

The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 02

-Paragraph 29

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PreferredStockSharesAuthorized

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 02

-Paragraph 29

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PreferredStockSharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 02

-Paragraph 29

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PreferredStockSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Details

Name: us-gaap_StatementOfFinancialPositionAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 23 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6

Document and Entity Information
3 Months Ended

Mar. 31, 2012

May 12, 2012

Document and Entity Information

Entity Registrant Name ALLIED MOTION TECHNOLOGIES INC

Entity Central Index Key 0000046129

Document Type 10-Q

Document Period End Date Mar. 31, 2012

Amendment Flag false

Current Fiscal Year End Date --12-31

Entity Current Reporting Status Yes

Entity Filer Category Smaller Reporting Company

Entity Common Stock, Shares Outstanding 8,639,664

Document Fiscal Year Focus 2012

Document Fiscal Period Focus Q1

X

- Details

Name: amot_DocumentAndEntityInformationAbstract

Namespace Prefix: amot_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

If the value is true, then the document as an amendment to previously-filed/accepted document.

+ References

No definition available.

+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition

End date of current fiscal year in the format --MM-DD.

+ References

No definition available.

+ Details

Name: dei_CurrentFiscalYearEndDate

Namespace Prefix: dei_

Data Type: xbrli:gMonthDayItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalPeriodFocus

Namespace Prefix: dei_

Data Type: dei:fiscalPeriodItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalYearFocus

Namespace Prefix: dei_

Data Type: xbrli:gYearItemType

Balance Type: na

Period Type: duration

X

- Definition

The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.

+ References

No definition available.

+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type is limited to the same value as the supporting SEC submission type, minus any "/A" suffix. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, 497, NCSR, N-CSR, N-CSRS, N-Q, 10-KT, 10-QT, 20-FT, POS AM and Other.

+ References

No definition available.

+ Details

Name: dei_DocumentType

Namespace Prefix: dei_

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei_

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, Instrument

+ References

No definition available.

+ Details

Name: dei_EntityCommonStockSharesOutstanding

Namespace Prefix: dei_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Indicate "Yes" or "No" whether registrants (1) have 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 registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ References

No definition available.

+ Details

Name: dei_EntityCurrentReportingStatus

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ References

No definition available.

+ Details

Name: dei_EntityFilerCategory

Namespace Prefix: dei_

Data Type: dei:filerCategoryItemType

Balance Type: na

Period Type: duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

XML 24 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended

Mar. 31, 2012

Mar. 31, 2011

Revenues $ 26,847 $ 26,724

Cost of products sold 19,210 18,775

Gross margin 7,637 7,949

Operating expenses:

Selling 1,365 1,462

General and administrative 2,947 2,966

Engineering and development 1,553 1,534

Amortization of intangible assets 174 180

Total operating expenses 6,039 6,142

Operating income 1,598 1,807

Other income (expense), net:

Interest expense (7) (24)

Other income, net 17 1

Total other income (expense), net 10 (23)

Income before income taxes 1,608 1,784

Provision for income taxes (450) (571)

Net income 1,158 1,213

Basic earnings per share:

Earnings per share (in dollars per share) $ 0.14 $ 0.15

Basic weighted average common shares (in shares) 8,565 8,279

Diluted earnings per share:

Earnings per share (in dollars per share) $ 0.14 $ 0.14

Diluted weighted average common shares (in shares) 8,565 8,495

Other comprehensive income, net of tax:

Foreign currency translation adjustment 515 728

Comprehensive income $ 1,673 $ 1,941

X

- Definition

The aggregate total amount of expenses related to the Engineering of products or services not directly associated with the manufacture or sale of a product line, and the aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility.

+ References

No definition available.

+ Details

Name: amot_EngineeringAndDevelopmentExpense

Namespace Prefix: amot_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

-Subparagraph (a)(2)

-URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16323-109275

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph a(2)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274

+ Details

Name: us-gaap_AmortizationOfIntangibleAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e540-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A5

-Appendix A

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(3)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 8, 9, 10, 11, 12, 13, 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6508144

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e557-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

+ Details

Name: us-gaap_ComprehensiveIncomeNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Total costs related to goods produced and sold during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 2

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.2(a))

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_CostOfGoodsSold

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 55

-Paragraph 52

-URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 20

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 7

-Paragraph 18

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-04.23)

-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 36, 37, 38

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.21)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 21

-Article 9

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256

+ Details

Name: us-gaap_EarningsPerShareBasic

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_EarningsPerShareBasicAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The amount of net income (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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 11, 12, 36

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.21)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 20

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 7

-Paragraph 18

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 21

-Article 9

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_EarningsPerShareDiluted

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_EarningsPerShareDilutedAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.4)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_GeneralAndAdministrativeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.1,2)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_GrossProfit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 4

-Section 08

-Paragraph h

-Subparagraph 1(i)

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h)(1)(i))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Income Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6515339

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (a),(b)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 45

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Name: us-gaap_IncomeTaxExpenseBenefit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cost of borrowed funds accounted for as interest that was charged against earnings during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-04.9)

-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 34

-Paragraph 21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 9

-Article 9

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher OTS

-Name Federal Regulation (FR)

-Number Title 12

-Chapter V

-Section 563c.102

-Paragraph 9

-Subsection II

-LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_InterestExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1377-109256

+ Details

Name: us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 7

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_NonoperatingIncomeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_NonoperatingIncomeExpenseAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_OperatingCostsAndExpensesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.

+ References

No definition available.

+ Details

Name: us-gaap_OperatingExpenses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The net result for the period of deducting operating expenses from operating revenues.

+ References

No definition available.

+ Details

Name: us-gaap_OperatingIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of tax, attributable to the parent entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569616-111683

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1A

-Subparagraph (c)(3)

-URI http://asc.fasb.org/extlink&oid=6921930&loc=SL4573702-111684

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(3)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 20

-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569643-111683

+ Details

Name: us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 9

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.9)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_OtherNonoperatingIncomeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 1

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.1(a))

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_SalesRevenueGoodsNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The aggregate total amount of expenses directly related to the marketing or selling of products or services.

+ References

No definition available.

+ Details

Name: us-gaap_SellingAndMarketingExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1505-109256

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name: us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 171

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Weighted-Average Number of Common Shares Outstanding

-URI http://asc.fasb.org/extlink&oid=6528421

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingBasic

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 25 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6

Intangible Assets
3 Months Ended

Mar. 31, 2012

Intangible Assets

Intangible Assets

7. Intangible Assets

Intangible assets on the Company’s consolidated balance sheets consist of the following (in thousands):

March 31,
2012

December 31,
2011

Estimated
Life

Amortizable intangible assets

Customer lists

$

4,387

$

4,315

8-10 years

Trade name

946

946

10 years

Design and technologies

2,649

2,575

8-10 years

Patents

24

24

Accumulated amortization

(5,165

)

(4,924

)

Total intangible assets

$

2,841

$

2,936

Amortization expense for intangible assets for the quarters ended March 31, 2012 and 2011 was $174,000 and $180,000, respectively.

X

- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16373-109275

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 44, 45, 46

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16323-109275

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16265-109275

+ Details

Name: us-gaap_IntangibleAssetsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_IntangibleAssetsNetExcludingGoodwillAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 26 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6

Segment Information
3 Months Ended

Mar. 31, 2012

Segment Information

Segment Information

6. Segment Information

ASC Topic “Segment Reporting” requires disclosure of operating segments, which as defined, are 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 performance.

The Company operates in one segment for the manufacture and marketing of motion control products for original equipment manufacturers and end user applications. In accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating decision maker has been identified as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in: economic characteristics; nature of products and services; and procurement, manufacturing and distribution processes. Since the Company operates in one segment, all financial information required by “Segment Reporting” can be found in the accompanying consolidated financial statements and within this note.

The Company’s wholly owned foreign subsidiaries, located in The Netherlands, Sweden, and Canada, are included in the accompanying consolidated financial statements. Financial information related to the foreign subsidiaries is summarized below (in thousands):

For the three months ended
March 31,

2012

2011

Revenues derived from foreign subsidiaries

$

10,832

$

12,544

Identifiable assets as of March 31,

$

24,524

$

25,325

Sales to customers outside of the United States by all subsidiaries were $12,330,000 and $13,449,000 during the quarters ended March 31, 2012 and 2011, respectively.

During the quarters ended March 31, 2012 and 2011, no single customer accounted for more than 10% of total revenues.

X

- Details

Name: us-gaap_SegmentReportingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 34

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 29

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 35

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 41

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 32

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 131

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 40

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 42

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 31

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

+ Details

Name: us-gaap_SegmentReportingDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 27 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6

Debt Obligations
3 Months Ended

Mar. 31, 2012

Debt Obligations

Debt Obligations

10. Debt Obligations

Debt obligations consisted of the following (in thousands):

March 31,
2012

December 31,
2011

Credit Agreement, revolving line-of-credit

$

—

$

—

China Credit Facility, 6.4% at March 31, 2011

$

158

$

157

The Company’s Credit Agreement, which matures October 26, 2013, provides revolving credit up to $4 million and €3 million.

The Credit Agreement contains certain financial covenants related to maximum leverage, minimum fixed charge coverage and minimum tangible net worth of the Company. The Company was in compliance with all covenants at March 31, 2012.

At March 31, 2012, approximately $8,000,000 million ($4 million and € 3 million) was available under the amended Credit Agreement and approximately $700,000 (€ 300,000 and 2,100,000 Swedish Krona (“SEK”)) was available under bank overdraft facilities in Europe.

The Company also has a Credit Line Facility in China providing credit of approximately $700,000 (Chinese Renminbi (“RMB”) 4,500,000). This facility will be used for working capital needs at the Company’s China operations, and will mature in October 2012. At March 31, 2012, there was approximately $550,000 (RMB 3,500,000) available under the facility.

X

- Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19,20,22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19, 20, 22

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

+ Details

Name: us-gaap_DebtDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 28 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6

Goodwill
3 Months Ended

Mar. 31, 2012

Goodwill

Goodwill

8. Goodwill

The change in the Company’s goodwill during the quarter ended March 31, 2012 is summarized in the table below (in thousands):

Balance, December 31, 2011

$

5,665

Foreign currency translation

170

Balance, March 31, 2012

$

5,835

X

- Details

Name: amot_GoodwillDisclosureAbstract

Namespace Prefix: amot_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for goodwill.

+ References

No definition available.

+ Details

Name: us-gaap_GoodwillDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 29 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6

Contingent Consideration
3 Months Ended

Mar. 31, 2012

Contingent Consideration

Contingent Consideration

9. Contingent Consideration

The Company acquired Östergrens Elmotor AB (Östergrens), located in Stockholm, Sweden on December 30, 2010. In conjunction with the acquisition of Östergrens, the Company recorded contingent cash consideration based on the seller meeting certain performance criteria. The Company paid $1,350,000 and $332,000 of the contingent consideration in the quarters ended March 31, 2012 and 2011, respectively. The liability was denominated in Swedish Krona. The amount paid of $1,350,000, exceeds the amount accrued of $1,313,000 as of December 31, 2011, due to fluctuations in the Swedish Krona against the U.S. dollar. The consideration paid was based on a multiple of the incremental profit achieved in 2011 over 2010 for certain customer projects.

X

- Details

Name: amot_ContingentConsiderationDisclosureAbstract

Namespace Prefix: amot_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period.

+ References

No definition available.

+ Details

Name: amot_ContingentConsiderationDisclosureTextBlock

Namespace Prefix: amot_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 30 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2012

Mar. 31, 2011

Cash Flows From Operating Activities:

Net income $ 1,158 $ 1,213

Adjustments to reconcile net income to net cash used in operating activities:

Depreciation and amortization 489 542

Other 325 218

Changes in assets and liabilities:

Trade receivables (717) (1,447)

Inventories, net (42) (995)

Prepaid expenses and other assets (1,150) (404)

Accounts payable (395) 988

Accrued liabilities (2,642) (768)

Net cash used in operating activities (2,974) (653)

Cash Flows From Investing Activities:

Consideration paid for acquisition (1,350) (332)

Purchase of property and equipment (586) (428)

Net cash used in investing activities (1,936) (760)

Cash Flows From Financing Activities:

Dividends paid (216)

Stock transactions under employee benefit stock plans 439 95

Net cash provided by financing activities 223 95

Effect of foreign exchange rate changes on cash 113 82

Net decrease in cash and cash equivalents (4,574) (1,236)

Cash and cash equivalents at beginning of period 9,155 3,553

Cash and cash equivalents at end of period $ 4,581 $ 2,317

X

- Details

Name: us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7

-Footnote 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3044-108585

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 8, 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7, 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

-URI http://asc.fasb.org/extlink&oid=6507016

+ Details

Name: us-gaap_CashAndCashEquivalentsAtCarryingValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_DepreciationDepletionAndAmortization

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The effect of exchange rate changes on cash balances in continuing operations held in foreign currencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 25

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 830

-SubTopic 230

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6450594&loc=d3e33268-110906

+ Details

Name: us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsPayable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccruedLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInInventories

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_IncreaseDecreaseInOperatingCapitalAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets,or income taxes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) in cash associated with the entity's continuing operating, investing, and financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

+ References

No definition available.

+ Details

Name: us-gaap_NetCashProvidedByUsedInContinuingOperations

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Definition

The net cash from (used in) the entity's financing activities specifically EXCLUDING the cash flows derived by the entity from its discontinued operations, if any. This element is only to be used when the entity reports its cash flows attributable to discontinued operations separately from the cash flow provided by or used in financing activities. Such reporting would necessitate the entity to use the Net Cash provided by or used in Discontinued Operations, Total element provided in the taxonomy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net cash from (used in) the entity's investing activities specifically EXCLUDING the cash flows derived by the entity from its discontinued operations, if any. This element is only to be used when the entity reports its cash flows attributable to discontinued operations separately from the cash flow provided by or used in investing activities. Such reporting would necessitate the entity to use the Net Cash provided by or used in Discontinued Operations, Total element provided in the taxonomy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-Footnote 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net cash from (used in) the entity's continuing operations. This element specifically EXCLUDES the cash flows derived by the entity from its discontinued operations, if any. This element is only to be used when the entity reports its cash flows attributable to discontinued operations separately from the cash flow provided by or used in operating activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3536-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-Footnote 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1377-109256

+ Details

Name: us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_OtherNoncashIncomeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash outflow from the entity's earnings to the shareholders.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 15

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3291-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 20

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

+ Details

Name: us-gaap_PaymentsOfDividends

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 15, 17

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 13

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3213-108585

+ Details

Name: us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 13

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3213-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 17

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

+ Details

Name: us-gaap_PaymentsToAcquirePropertyPlantAndEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The total cash inflow associated with the amount received from holders to acquire the entity's shares under incentive and share awards, including stock option exercises. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 14

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3255-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A240

-Subparagraph i

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 19

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

XML 31 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6

Earnings and Dividends per Share
3 Months Ended

Mar. 31, 2012

Earnings and Dividends per Share

Earnings and Dividends per Share

5. Earnings and Dividends per Share

Basic income per share is computed by dividing net income by the weighted average number of shares of common stock outstanding. Diluted income per share is determined by dividing the net income by the sum of (1) the weighted average number of common shares outstanding and (2) if not anti-dilutive, the effect of stock options and warrants determined utilizing the treasury stock method. During 2012, no stock options or warrants are outstanding. As such, there is no dilutive effect on earnings per share for 2012. The dilutive effect of outstanding awards for the quarters ended March 31, 2011 was 215,000.

The Company declared and paid dividends of $0.025 per share in the first quarter of 2012. Total dividends paid were $216,000. The Company began paying quarterly dividends in the third quarter of 2011. As such, no dividends were declared or paid in the first quarter of 2011.

X

- Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 55

-Paragraph 52

-URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1278-109256

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.21)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_EarningsPerShareTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 32 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 7 94 1 false 0 0 false 3 false false R1.htm 0000 - Document - Document and Entity Information Sheet http://www.alliedmotion.com/role/DocumentAndEntityInformation Document and Entity Information true false R2.htm 0010 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS Sheet http://www.alliedmotion.com/role/BalanceSheet CONDENSED CONSOLIDATED BALANCE SHEETS false false R3.htm 0015 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) Sheet http://www.alliedmotion.com/role/BalanceSheetParenthetical CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) false false R4.htm 0020 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME Sheet http://www.alliedmotion.com/role/StatementOfIncome CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME false false R5.htm 0030 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Sheet http://www.alliedmotion.com/role/CashFlows CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS false false R6.htm 1010 - Disclosure - Basis of Preparation and Presentation Sheet http://www.alliedmotion.com/role/DisclosureBasisOfPreparationAndPresentation Basis of Preparation and Presentation false false R7.htm 1020 - Disclosure - Inventories Sheet http://www.alliedmotion.com/role/DisclosureInventories Inventories false false R8.htm 1030 - Disclosure - Property, Plant and Equipment Sheet http://www.alliedmotion.com/role/DisclosurePropertyPlantAndEquipment Property, Plant and Equipment false false R9.htm 1040 - Disclosure - Stock-Based Compensation Sheet http://www.alliedmotion.com/role/DisclosureStockBasedCompensation Stock-Based Compensation false false R10.htm 1050 - Disclosure - Earnings and Dividends per Share Sheet http://www.alliedmotion.com/role/DisclosureEarningsAndDividendsPerShare Earnings and Dividends per Share false false R11.htm 1060 - Disclosure - Segment Information Sheet http://www.alliedmotion.com/role/DisclosureSegmentInformation Segment Information false false R12.htm 1070 - Disclosure - Intangible Assets Sheet http://www.alliedmotion.com/role/DisclosureIntangibleAssets Intangible Assets false false R13.htm 1080 - Disclosure - Goodwill Sheet http://www.alliedmotion.com/role/DisclosureGoodwill Goodwill false false R14.htm 1090 - Disclosure - Contingent Consideration Sheet http://www.alliedmotion.com/role/DisclosureContingentConsideration Contingent Consideration false false R15.htm 1100 - Disclosure - Debt Obligations Sheet http://www.alliedmotion.com/role/DisclosureDebtObligations Debt Obligations false false All Reports Book All Reports Process Flow-Through: 0010 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS Process Flow-Through: Removing column 'Mar. 31, 2011' Process Flow-Through: Removing column 'Dec. 31, 2010' Process Flow-Through: 0015 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) Process Flow-Through: 0020 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME Process Flow-Through: 0030 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS amot-20120331.xml amot-20120331.xsd amot-20120331_cal.xml amot-20120331_def.xml amot-20120331_lab.xml amot-20120331_pre.xml true true

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
CONDENSED CONSOLIDATED BALANCE SHEETS
Trade receivables, allowance for doubtful accounts (in dollars)	$ 197	$ 284
Common stock, authorized shares	50,000	50,000
Common stock, shares issued	8,649	8,466
Common stock, shares outstanding	8,649	8,466
Preferred stock, par value (in dollars per share)	$ 1.00	$ 1.00
Preferred stock, authorized shares	5,000	5,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2012	May 12, 2012
Document and Entity Information
Entity Registrant Name	ALLIED MOTION TECHNOLOGIES INC
Entity Central Index Key	0000046129
Document Type	10-Q
Document Period End Date	Mar. 31, 2012
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		8,639,664
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q1

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
Revenues	$ 26,847	$ 26,724
Cost of products sold	19,210	18,775
Gross margin	7,637	7,949
Operating expenses:
Selling	1,365	1,462
General and administrative	2,947	2,966
Engineering and development	1,553	1,534
Amortization of intangible assets	174	180
Total operating expenses	6,039	6,142
Operating income	1,598	1,807
Other income (expense), net:
Interest expense	(7)	(24)
Other income, net	17	1
Total other income (expense), net	10	(23)
Income before income taxes	1,608	1,784
Provision for income taxes	(450)	(571)
Net income	1,158	1,213
Basic earnings per share:
Earnings per share (in dollars per share)	$ 0.14	$ 0.15
Basic weighted average common shares (in shares)	8,565	8,279
Diluted earnings per share:
Earnings per share (in dollars per share)	$ 0.14	$ 0.14
Diluted weighted average common shares (in shares)	8,565	8,495
Other comprehensive income, net of tax:
Foreign currency translation adjustment	515	728
Comprehensive income	$ 1,673	$ 1,941