Retirement Plans

9 Months Ended

Mar. 31, 2012

Retirement Plans [Abstract]

Retirement Plans

11.Retirement Plans

The following table provides a detail of the components of net periodic benefit cost of our German subsidiary's defined benefit pension plan for the three and nine months ended March 31, 2012 and 2011 (in thousands):

	Three Months Ended		Nine Months Ended
	March 31,		March 31,
	2012	2011	2012	2011
Service cost	$ 3	$ 4	$10	$11
Interest cost	54	56	168	165
Expected return on plan assets	(23)	(25)	(71)	(75)
Amortization of net (gain) loss	-	(1)	-	(1)
Net periodic benefit cost	$  34	$  34	$ 107	$ 100

We contributed $9,000 and $27,000 to our German subsidiary's defined benefit plan during the three and nine months ended March 31, 2012, respectively, and expect to make $9,000 of additional contributions during the remaining three months of fiscal 2012. We contributed $7,000 and $28,000 to our German subsidiary's defined benefit plan during the three and nine months ended March 31, 2011, respectively.

We maintain a U.S. employee retirement savings plan that qualifies as a defined contribution plan under Section 401(k) of the Code. For fiscal 2010, the Board of Directors approved a one-time profit sharing 401(k) contribution of $245,000 to be distributed pro-rata based on salary to 401(k) plan participants. The $245,000 contribution was accrued in fiscal year 2010 and paid during the nine months ended March 31, 2011. We made no other contributions to the plan during the three and nine months ended March 31, 2012 and 2011, respectively.

               We also maintain a defined contribution plan (the "Stakeholder Plan") for our U.K. based employees.  For our U.K. based employees who contribute 4% or more of their salary to the Stakeholder Plan, we match 100% of employee contributions, up to 7% of their salary.  During the three months ended March 31, 2012 and 2011, we contributed $16,000 and $35,000 to the Stakeholder Plan, respectively.  During the nine months ended March 31, 2012 and 2011, we contributed $48,000 and $106,000 to the Stakeholder Plan, respectively.