Commitments And Contingencies

3 Months Ended

Mar. 31, 2012

Commitments And Contingencies [Abstract]

Commitments And Contingencies

12.Commitments and Contingencies

Liability Claims

The estimated unreported tissue processing and product loss liability and any related recoverable insurance amounts are as follows (in thousands):

	March 31,		December 31,
	2012		2011
Short-term liability	$	1,060	$	1,030
Long-term liability		945		960
Total liability		2,005		1,990
Short-term recoverable		365		350
Long-term recoverable		350		350
Total recoverable		715		700
Total net unreported loss liability	$	1,290	$	1,290

Further analysis indicated that the liability as of March 31, 2012 could be estimated to be as high as $3.8 million, after including a reasonable margin for statistical fluctuations calculated based on actuarial simulation techniques.

Employment Agreement

The Company has an employment agreement with its Chief Executive Officer (“CEO”) that confers benefits which become payable upon a change in control or upon certain termination events, such as voluntary retirement.As of both March 31, 2012 and December 31, 2011 the Company has recorded $2.1 million in accrued expenses and other current liabilities on the Summary Consolidated Balance Sheets representing benefits payable upon the CEO’s voluntary retirement, for which he is currently eligible.