DISTRIBUTION AGREEMENTS

9 Months Ended

Sep. 30, 2011

DISTRIBUTION AGREEMENTS

DISTRIBUTION AGREEMENTS

8. DISTRIBUTION AGREEMENTS

Amounts received pursuant to distribution agreements entered into with certain distributors have been accounted for as deferred revenue in the accompanying condensed consolidated balance sheets and are recognized as revenue ratably over the anticipated life of the respective distribution agreement, generally 20 years. Revenue recognized was $1.9 million and $2.3 million for the three-months ended September 30, 2011 and 2010, respectively.  Revenue recognized was $5.8 million and $6.0 million for the nine-months ended September 30, 2011 and 2010, respectively.