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Retirement Plans
3 Months Ended
Sep. 30, 2012
Retirement Plans [Abstract]  
Retirement Plans

10. Retirement Plans

     The following table provides detail of the components of net periodic benefit cost of our German subsidiary's defined benefit pension plan for the three months ended September 30, 2012 and 2011 (in thousands):

    Three Months Ended  
    September 30,  
    2012     2011  
Service cost $ 1   $ 3  
Interest cost   46     59  
Expected return on plan assets   (18 )   (25 )
Amortization of net (gain) loss   2     -  
Net periodic benefit cost $ 31   $ 37  

 

     We contributed $8,000 and $10,000 to our German subsidiary's defined benefit pension plan during the three months ended September 30, 2012 and 2011, respectively, and expect to make additional, similar, quarterly contributions during the remaining quarters of our fiscal 2013.

     We maintain a U.S. employee retirement savings plan that qualifies as a defined contribution plan under Section 401(k) of the Code. We reinstated our employer match as of July 1, 2012 under which we match 25% of the first 5% of the employee's annual salary invested by the employee in the 401(k) plan. During the three months ended September 30, 2012 and 2011 we contributed $43,000 and $0 in matching funds to the 401(k) plan, 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 September 30, 2012 and 2011, we contributed $14,000 and $16,000 to the Stakeholder Plan, respectively.