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Profit Sharing Plan
12 Months Ended
Dec. 31, 2012
Profit Sharing Plan [Abstract]  
Profit Sharing Plan

13.

Profit Sharing Plan

The Company has a profit sharing plan that covers the U.S. employees.  Contributions to the plan are at the option of and determined by the Board of Directors and are limited to the maximum amount deductible by the Company for Federal income tax purposes.  For the years ended December 31, 2012, 2011 and 2010, there were no contributions to the plan.

 

The Company also offers U.S. employees a 401(k) savings plan administered by an investment services company.  Employees are eligible to participate in the plan after completing six months of service with the Company.  The Company matches contributions up to 4% of the employee's eligible earnings.  Total Company contributions to the 401(k) plan for the years ended December 31, 2012, 2011 and 2010 were approximately $66,000, $57,000 and $42,000, respectively.