EMPLOYEE BENEFIT PLAN

12 Months Ended

Dec. 31, 2012

EMPLOYEE BENEFIT PLAN

11. EMPLOYEE BENEFIT PLAN

The Company maintains a defined contribution plan pursuant to Section 401 of the Code (the “401K Plan”) that allows eligible employees to contribute a percentage of their compensation to the 401K Plan. The Company matches 50% of the employee’s pre-tax contribution up to a maximum employee contribution of 6% of salary in 2012, 2011 and 2010. Company contributions of $670, $639 and $655 were made to the 401K Plan in 2012, 2011 and 2010, respectively. Contributions are made in the Company’s common stock.