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Savings And Profit Sharing Plans
12 Months Ended
Dec. 31, 2011
Savings And Profit Sharing Plans [Abstract]  
Savings And Profit Sharing Plans

Note 13 Savings and Profit Sharing Plans

 

Zebra has a Retirement Savings and Investment Plan (401(k) Plan), which is intended to qualify under Section 401(k) of the Internal Revenue Code. In 2009, Zebra announced changes to its 401(k) Plan, profit sharing plan and stock purchase plan. Qualified employees may participate in Zebra's 401(k) Plan by contributing up to 15% of their gross earnings to the plan subject to certain Internal Revenue Service restrictions. Effective March 1, 2009, Zebra reduced the company match to each participant's contribution from 6% of gross eligible earnings at the rate of 50%, to 3% of gross eligible earnings at the rate of 50%. Effective January 1, 2010, Zebra increased the company match to each participant's contribution to a total of 4%. Zebra will match 100% of the first 2% of gross eligible earnings, and also match the next 4% of gross eligible earnings at the rate of 50%. Zebra may contribute additional amounts to its 401(k) Plan at the discretion of the Board of Directors, subject to certain legal limits.

In 2009, Zebra announced that it was suspending any further contributions to the profit sharing plan until further notice. Participants are not permitted to make contributions under the profit-sharing plan.

Company contributions to these plans, which were charged to operations, approximated the following (in thousands):

 

         Year Ended December 31,     

 

 

 

         2011                2010                2009       
 

 

401(k)

     $   4,813             $   4,586             $   2,210      

Profit sharing

       0               0               145      
 

 

Total

     $ 4,813             $ 4,586             $ 2,355