Form 10-Q

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

Table of Contents

0001193125-12-211296.txt : 20120504 0001193125-12-211296.hdr.sgml : 20120504 20120504133910 ACCESSION NUMBER: 0001193125-12-211296 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 10 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120504 DATE AS OF CHANGE: 20120504 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SMITH MICRO SOFTWARE INC CENTRAL INDEX KEY: 0000948708 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 330029027 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-35525 FILM NUMBER: 12813356 BUSINESS ADDRESS: STREET 1: 51 COLUMBIA STREET 2: STE 200 CITY: ALISO VIEJO STATE: CA ZIP: 92656 BUSINESS PHONE: 9493625800 MAIL ADDRESS: STREET 1: 51 COLUMBIA STREET 2: STE 200 CITY: ALISO VIEJO STATE: CA ZIP: 92656 10-Q 1 d327715d10q.htm FORM 10-Q Form 10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

(Mark One)

x	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2012

¨	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission file number 0-26536

SMITH MICRO SOFTWARE, INC.

(Exact name of registrant as specified in its charter)

DELAWARE

33-0029027

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

51 COLUMBIA

ALISO VIEJO, CA 92656

(Address of principal executive offices, including zip code)

(949) 362-5800

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Indicate by check mark whether the registrant is a shell company (as defined in Exchange Act Rule 12b-2). Yes ¨ No x

As of April 27, 2012 there were 36,122,952 shares of common stock outstanding.

SMITH MICRO SOFTWARE, INC.

QUARTERLY REPORT ON FORM 10-Q

March 31, 2012

TABLE OF CONTENTS


PART I.	FINANCIAL INFORMATION
Item 1.	Financial Statements (Unaudited)
	Consolidated Balance Sheets as of March 31, 2012 and December 31, 2011	2
	Consolidated Statements of Comprehensive Loss for the three months ended March 31, 2012 and 2011	3
	Consolidated Statement of Stockholders’ Equity for the three months ended March 31, 2012	4
	Consolidated Statements of Cash Flows for the three months ended March 31, 2012 and 2011	5
	Notes to Consolidated Financial Statements	6
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	16
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	22
Item 4.	Controls and Procedures	23

PART II.	OTHER INFORMATION
Item 1.	Legal Proceedings	24
Item 1A.	Risk Factors	24
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	25
Item 6.	Exhibits	25

	SIGNATURES	27
EX-31.1
EX-31.2
EX-32.1

PART I. FINANCIAL INFORMATION

Item 1.

Financial Statements

SMITH MICRO SOFTWARE, INC.

CONSOLIDATED BALANCE SHEETS

(in thousands, except share and par value data)


	March 31, 2012			December 31, 2011
Assets	(unaudited)			(audited)
Current assets:
Cash and cash equivalents	$	16,167		$	7,475
Short-term investments		21,410			38,497
Accounts receivable, net of allowances for doubtful accounts and other adjustments of $1,121 (2012) and $1,382 (2011)		8,531			8,525
Income tax receivable		7,941			8,293
Inventories, net of reserves for excess and obsolete inventory of $436 (2012) and $417 (2011)		256			309
Prepaid expenses and other current assets		776			1,138
Deferred tax asset		8			8

Total current assets		55,089			64,245
Equipment and improvements, net		14,422			15,482
Other assets		219			214

Total assets	$	69,730		$	79,941

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	1,986		$	3,181
Accrued liabilities		7,262			7,641
Deferred revenue		944			703

Total current liabilities		10,192			11,525
Non-current liabilities:
Long-term liabilities		3,408			3,546
Deferred tax liability		10			10

Total non-current liabilities		3,418			3,556
Commitments and contingencies
Stockholders’ equity:
Preferred stock, par value $0.001 per share; 5,000,000 shares authorized; none issued or outstanding		—			—
Common stock, par value $0.001 per share; 50,000,000 shares authorized; 36,123,317 and 35,611,976 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively		36			36
Additional paid-in capital		208,835			207,927
Accumulated comprehensive deficit		(152,751	)		(143,103	)

Total stockholders’ equity		56,120			64,860

Total liabilities and stockholders’ equity	$	69,730		$	79,941

See accompanying notes to the consolidated financial statements.

SMITH MICRO SOFTWARE, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in thousands, except per share data)


	Three Months Ended March 31,
	2012			2011
	(unaudited)			(unaudited)
Revenues	$	10,114		$	17,791
Cost of revenues		2,195			3,776

Gross profit		7,919			14,015
Operating expenses:
Selling and marketing		4,592			8,362
Research and development		7,104			11,680
General and administrative		5,504			6,985
Restructuring expenses		334			—

Total operating expenses		17,534			27,027

Operating loss		(9,615	)		(13,012	)
Interest and other income, net		23			43

Loss before provision for income taxes		(9,592	)		(12,969	)
Provision for income tax expense (benefit)		90			(5,216	)

Net loss	$	(9,682	)	$	(7,753	)

Other comprehensive income, before tax:
Unrealized holding gains on available-for-sale securities		40			7
Income tax expense related to items of other comprehensive income		6			3

Other comprehensive income, net of tax		34			4

Comprehensive loss	$	(9,648	)	$	(7,749	)

Net loss per share:
Basic and diluted	$	(0.27	)	$	(0.22	)

Weighted average shares outstanding:
Basic and diluted		35,590			35,263

See accompanying notes to the consolidated financial statements.

SMITH MICRO SOFTWARE, INC.

CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

(in thousands)


	Common stock					Additional paid-in capital			Accumulated comprehensive deficit			Total

	Shares			Amount
BALANCE, December 31, 2011		35,612		$	36	$	207,927		$	(143,103	)	$	64,860

Exercise of common stock options		6			—		10			—			10
Non cash compensation recognized on stock options and ESPP		—			—		16			—			16
Restricted stock grants, net of cancellations		590			—		1,162			—			1,162
Cancellation of shares for payment of withholding tax		(5	)		—		(6	)		—			(6	)
Employee stock purchase plan (ESPP)		45			—		55			—			55
Shares repurchased and cancelled		(125	)		—		(329	)		—			(329	)
Comprehensive loss		—			—		—			(9,648	)		(9,648	)

BALANCE, March 31, 2012 (unaudited)		36,123		$	36	$	208,835		$	(152,751	)	$	56,120

See accompanying notes to the unaudited consolidated financial statements.

SMITH MICRO SOFTWARE, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)


	Three Months Ended March 31,
	2012			2011
	(unaudited)			(unaudited)
Operating activities:
Net loss	$	(9,682	)	$	(7,753	)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization		1,115			2,736
Provision for doubtful accounts and other adjustments to accounts receivable		419			193
Provision for excess and obsolete inventory		19			26
Excess tax benefits from stock-based compensation		—			(284	)
Non-cash compensation related to stock options and restricted stock		1,178			2,107
Change in operating accounts:
Accounts receivable		(425	)		4,809
Income tax receivable		352			—
Deferred taxes		—			(5,540	)
Inventories		34			(8	)
Prepaid expenses and other assets		357			(237	)
Accounts payable and accrued liabilities		(1,477	)		1,694

Net cash used in operating activities		(8,110	)		(2,257	)

Investing activities:
Capital expenditures		(55	)		(6,561	)
Proceeds from (purchase of) short-term investments		17,121			(1,985	)

Net cash provided by (used in) investing activities		17,066			(8,546	)

Financing activities:
Excess tax benefits from stock-based compensation		—			284
Cash received from stock sale for employee stock purchase plan		55			345
Cash received from exercise of stock options		10			7
Repurchase of common stock		(329	)		—

Net cash provided by (used in) financing activities		(264	)		636

Net increase (decrease) in cash and cash equivalents		8,692			(10,167	)
Cash and cash equivalents, beginning of period		7,475			17,856

Cash and cash equivalents, end of period	$	16,167		$	7,689

Supplemental disclosures of cash flow information:
Cash paid for income taxes	$	91		$	224

See accompanying notes to the consolidated financial statements.

SMITH MICRO SOFTWARE, INC.

Notes to the Consolidated Financial Statements

The Company

Smith Micro Software, Inc. (“we,” “us,” “our,” “Smith Micro,” or the “Company”) provides software and services that simplify, secure and enhance the mobile experience. The Company’s portfolio of wireless solutions includes a wide range of client and server applications that manage voice, data, video and connectivity over mobile broadband networks. Our primary customers are the world’s leading mobile network operators, mobile device manufacturers and enterprise businesses. In addition to our wireless and mobility software, Smith Micro offers personal productivity and graphics products distributed through a variety of consumer channels worldwide.

Basis of Presentation

The accompanying interim consolidated balance sheet and statement of stockholders’ equity as of March 31, 2012, and the related statements of comprehensive loss and cash flows for the three months ended March 31, 2012 and 2011 are unaudited. The unaudited consolidated financial statements have been prepared according to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, therefore, certain information and disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been omitted.

In the opinion of management, the accompanying unaudited consolidated financial statements for the periods presented reflect all adjustments, which are normal and recurring, necessary to fairly state the financial position, results of operations and cash flows. These unaudited consolidated financial statements should be read in conjunction with the audited financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2011 filed with the SEC on February 27, 2012.

Intercompany balances and transactions have been eliminated in consolidation.

Operating results for the three months ended March 31, 2012 are not necessarily indicative of the results that may be expected for any other interim period or for the fiscal year ending December 31, 2012.

Net Income (Loss) Per Share

The Company calculates earnings per share (“EPS”) as required by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic No. 260, Earning Per Share. Basic EPS is calculated by dividing the net income available to common stockholders by the weighted average number of common shares outstanding for the period, excluding common stock equivalents. Diluted EPS is computed by dividing the net income available to common stockholders by the weighted average number of common shares outstanding for the period plus the weighted average number of dilutive common stock equivalents outstanding for the period determined using the treasury-stock method. For periods with a net loss, the dilutive common stock equivalents are excluded from the diluted EPS calculation. For purposes of this calculation, common stock subject to repurchase by the Company and options are considered to be common stock equivalents and are only included in the calculation of diluted earnings per share when their effect is dilutive.


	Three Months Ended March 31,
	2012			2011
	(unaudited, in thousands, except per share amounts)
Numerator:
Net loss available to common stockholders	$	(9,682	)	$	(7,753	)

Denominator:
Weighted average shares outstanding - basic		35,590			35,263
Potential common shares - options (treasury stock method)		—			—

Weighted average shares outstanding - diluted		35,590			35,263

Shares excluded (anti-dilutive)		40			429

Shares excluded due to an exercise price greater than weighted average stock price for the period		1,567			1,934

Net loss per common share:
Basic	($	0.27	)	($	0.22	)

Diluted	($	0.27	)	($	0.22	)

Stock-Based Compensation

Stock Plans

On July 28, 2005, our Shareholders approved the 2005 Stock Option / Stock Issuance Plan (“2005 Plan”). The 2005 Plan, which became effective the same date, replaced the 1995 Stock Option / Stock Issuance Plan (“1995 Plan”), which expired on May 24, 2005. All outstanding options under the 1995 Plan remained outstanding, but no further grants will be made under that Plan.

The 2005 Plan provides for the issuance of non-qualified or incentive stock options and restricted stock to employees, non-employee members of the board and consultants. The exercise price per share is not to be less than the fair market value per share of the Company’s common stock on the date of grant. The Board of Directors has the discretion to determine the vesting schedule. Options may be exercisable immediately or in installments, but generally vest over a four-year period from the date of grant. In the event the holder ceases to be employed by the Company, all unvested options terminate and all vested options may be exercised within a period following termination. In general, options expire ten years from the date of grant. Restricted stock is valued using the closing stock price on the date of the grant. The total value is expensed over the vesting period of 12 to 48 months. The maximum number of shares of the Company’s common stock that were available for issuance over the term of the original 2005 Plan could not exceed 5,000,000 shares, plus that number of additional shares equal to 2.5% of the number of shares of common stock outstanding on the last trading day of the calendar year commencing with calendar year 2006 (but not in excess of 750,000 shares). On October 11, 2007, our shareholders voted to approve an amendment to the 2005 Plan to increase the maximum number of shares of common stock that may be issued under the 2005 Plan from 5,000,000 shares (plus an annual increase) to 7,000,000 shares (plus an annual increase).

Employee Stock Purchase Plan

The Company has a shareholder approved employee stock purchase plan (“ESPP”), under which substantially all employees may purchase the Company’s common stock through payroll deductions at a price equal to 85% of the lower of the fair market values of the stock as of the beginning and end of six-month offering periods. An employee’s payroll deductions under the ESPP are limited to 10% of the employee’s compensation and employees may not purchase more than the lesser of $25,000 of stock, or 1,000 shares, for any calendar year. Additionally, no more than 1,000,000 shares may be purchased under the plan.

Stock Compensation

The Company accounts for all stock-based payment awards made to employees and directors based on their fair values and recognized as compensation expense over the vesting period using the straight-line method over the requisite service period for each award as required by FASB ASC Topic No. 718, Compensation-Stock Compensation.

Valuation of Stock Option and Restricted Stock Awards

There were no stock options granted during the three months ended March 31, 2012 or March 31, 2011.

Grants of restricted stock are valued using the closing stock price on the date of grant. In the three months ended March 31, 2012, a total of 40,000 shares of restricted stock, with a total value of $0.1 million, were granted to members of the Board of Directors. This cost will be amortized over a period of 12 months. In addition, 1.0 million shares of restricted stock, with a total value of $2.5 million, were granted to key officers and employees of the Company. This cost will be amortized over a period of 48 months.

Valuation of ESPP

The Company’s six-month offering period ended March 31, 2012 resulted in 44,666 shares being purchased/granted at a fair value of $0.69 per share. The Company’s six-month offering period ended March 31, 2011 resulted in 43,335 shares being purchased/granted at a fair value of $3.98 per share. The fair values of the offerings were estimated on the date of grant using a Black-Scholes valuation model that uses the assumptions noted in the following table. The risk-free rate is based on the U.S. treasury yield curve in effect at the time of grant. Expected volatility was based on the historical volatility on the day of grant.


Assumptions	Offering Period Ended March 31, 2012			Offering Period Ended March 31, 2011
Risk-free interest rate (average)		.05	%		.18	%
Expected dividend yield		—			—
Weighted average expected life (years)		.5			.5
Volatility (average)		105.0	%		72.0	%

Compensation Costs

As required by FASB ASC Topic No. 718, Compensation-Stock Compensation, the Company elected to attribute the value of stock-based compensation to expense using the straight-line method over the requisite service period for each award, which was previously used for its pro forma information. Stock-based non-cash compensation expenses related to stock options, restricted stock grants and the employee stock purchase plan were recorded in the financial statements as follows (in thousands):


	Three Months Ended March 31, (unaudited)
	2012		2011
Cost of revenues	$	4	$	17
Selling and marketing		217		584
Research and development		186		505
General and administrative		765		1,001
Restructuring expenses		6		—

Total non-cash stock compensation expense	$	1,178	$	2,107

Total stock-based compensation for each quarter includes cash payment of income taxes related to grants of restricted stock in the amount of $0.1 million in the three months ended March 31, 2012 and $0.9 million in the three months ended March 31, 2011.

Stock Options

A summary of the Company’s stock options outstanding under the 2005 Plan as of March 31, 2012, and the activity during the three months then ended, are as follows:


	Shares			Weighted Ave. Exercise Price		Aggregate Intrinsic Value
	(in thousands except per share amounts)
Outstanding as of December 31, 2011		2,167		$	11.03
Granted (unaudited)		—		$	—
Exercised (unaudited)		(6	)	$	1.62
Cancelled (unaudited)		(447	)	$	11.72

Outstanding as of March 31, 2012 (unaudited)		1,714		$	10.55	$	—

Exercisable as of March 31, 2012 (unaudited)		1,714		$	10.55	$	—

During the three months ended March 31, 2012, options to acquire 6,042 shares were exercised with an intrinsic value of $4,000, resulting in cash proceeds to the Company of $10,000. During the three months ended March 31, 2011, options to acquire 5,688 shares were exercised with an intrinsic value of $46,000, resulting in cash proceeds to the Company of $7,000. At March 31, 2012, there were 2.8 million shares available for future grants under the 2005 Stock Issuance / Stock Option Plan.

Additional information regarding options outstanding as of March 31, 2012 is as follows:


			Options outstanding			Options exercisable
Range of exercise prices	Number outstanding (in thousands)		Weighted average remaining contractual life (years)	Weighted average exercise price		Number exercisable (in thousands)		Weighted average exercise price
$0.24 - $4.00		148	1.9	$	1.62		148	$	1.62
$4.01 - $6.00		378	3.5	$	4.93		378	$	4.93
$6.01 - $12.00		149	5.1	$	8.57		149	$	8.57
$12.01 - $14.00		559	4.9	$	12.66		559	$	12.66
$14.01 - $16.00		380	5.0	$	15.18		380	$	15.18
$16.01 - $19.00		100	5.1	$	18.51		100	$	18.51

		1,714	4.4	$	10.55		1,714	$	10.55

Restricted Stock Awards

A summary of the Company’s restricted stock awards outstanding under the 2005 Plan as of March 31, 2012, and the activity during the three months then ended, are as follows (in thousands):


	Shares
Unvested at December 31, 2011		1,355
Granted (unaudited)		995
Cancelled/forfeited (unaudited)		(404	)
Vested (unaudited)		(176	)

Unvested at March 31, 2012 (unaudited)		1,770

Fair Value of Financial Instruments

The Company measures and discloses fair value measurements as required by FASB ASC Topic No. 820, Fair Value Measurements and Disclosures.

The carrying value of accounts receivable, foreign cash accounts, prepaid expenses, other current assets, accounts payable, and accrued expenses are considered to be representative of their respective fair values because of the short-term nature of those instruments.

Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or a liability. As a basis for considering such assumptions, the FASB establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:

•

Level 1 - Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.

•

Level 2 - Include other inputs that are directly or indirectly observable in the marketplace.

•

Level 3 - Unobservable inputs which are supported by little or no market activity.

The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.

As required by FASB ASC Topic No. 820, we measure our cash equivalents and short-term investments at fair value. Our cash equivalents and short-term investments are classified within Level 1 by using quoted market prices utilizing market observable inputs.

As required by FASB ASC Topic No. 825, Financial Instruments, an entity can choose to measure at fair value many financial instruments and certain other items that are not currently required to be measured at fair value. Subsequent changes in fair value for designated items are required to be reported in earnings in the current period. This Topic also establishes presentation and disclosure requirements for similar types of assets and liabilities measured at fair value. As permitted, the Company has elected not to use the fair value option to measure our available-for-sale securities under this Topic and will continue to report as required by FASB ASC Topic No. 320, Investments-Debt and Equity Securities. We have made this election because the nature of our financial assets and liabilities are not of such complexity that they would benefit from a change in valuation to fair value.

Cash and Cash Equivalents

Cash and cash equivalents generally consist of cash, government securities, mutual funds, and money market funds. These securities are primarily held in two financial institutions and are uninsured except for the minimum Federal Deposit Insurance Corporation (“FDIC”) coverage, and have original maturity dates of three months or less. As of March 31, 2012 and December 31, 2011, bank balances totaling approximately $12.6 million and $3.3 million, respectively, were uninsured.

Short-Term Investments

Short-term investments consist of U.S. government agency and government sponsored enterprise obligations. The Company accounts for these short-term investments as required by FASB ASC Topic No. 320, Investments-Debt and Equity Securities. These debt and equity securities are not classified as either held-to-maturity securities or trading securities. As such, they are classified as available-for-sale securities. Available-for-sale securities are recorded at fair value, with unrealized gains or losses recorded as a separate component of accumulated other comprehensive income in stockholders’ equity until realized. Available-for-sale securities with contractual maturities of less than 12 months were as follows (in thousands):


	March 31, 2012							December 31, 2011
	Fair value		Amortized cost basis		Net unrealized loss			Fair value		Amortized cost basis		Net unrealized loss
Corporate notes, bonds and paper	$	16,530	$	16,531	$	(1	)	$	31,180	$	31,217	$	(33	)
Government securities		4,880		4,880		—			7,317		7,321		(2	)

Total	$	21,410	$	21,411	$	(1	)	$	38,497	$	38,538	$	(35	)

There was a de minimis amount of realized gains recognized for the three months ended March 31, 2012.

Accounts Receivable

The Company performs ongoing credit evaluations of its customers and generally does not require collateral. The Company maintains reserves for estimated credit losses, and those losses have been within management’s estimates. Allowances for product returns are included in other adjustments to accounts receivable on the accompanying consolidated balance sheets. Product returns are estimated based on historical experience and management estimations.

Inventories

Inventories consist principally of compact disks (“CDs”), boxes and manuals and are stated at the lower of cost (determined by the first-in, first-out method) or market. The Company regularly reviews its inventory quantities on hand and records a provision for excess and obsolete inventory based primarily on management’s forecast of product demand and production requirements. At March 31, 2012, our net inventory balance consisted of approximately $0.2 million of assembled products and $0.1 million of components.

10.

Equipment and Improvements

Equipment and improvements are stated at cost. Depreciation is computed using the straight-line method based on the estimated useful lives of the assets, generally ranging from three to seven years. Leasehold improvements are amortized using the straight-line method over the shorter of the estimated useful life of the asset or the lease term.

11.

Segment, Customer Concentration and Geographical Information

Segment Information

Public companies are required to report financial and descriptive information about their reportable operating segments as required by FASB ASC Topic No. 280, Segment Reporting. The Company has two primary business units based on how management internally evaluates separate financial information, business activities and management responsibility. Wireless includes our connection management, mobile VPN, media and content management, device management, Push-To-Talk, Visual Voicemail, Voicemail to Text, video content delivery and network traffic optimization solutions. Productivity & Graphics includes retail and direct sales of our compression and broad consumer-based software. “Corporate/Other” revenue includes the consulting portion of our services sector which has been de-emphasized and is no longer considered a strategic element of our future plans.

The Company does not separately allocate operating expenses to these business units, nor does it allocate specific assets. Therefore, business unit information reported includes only revenues.

The following table shows the revenues generated by each business unit (in thousands):


	Three Months Ended March 31,
	2012		2011
	(unaudited)
Wireless	$	8,575	$	15,981
Productivity & Graphics		1,475		1,742
Corporate/Other		64		68

Total revenues		10,114		17,791

Customer Concentration

Sales to two customers and their respective affiliates in the Wireless business segment accounted for 32.1% and 25.7% of the Company’s total revenues for the three months ended March 31, 2012. Sales to four customers and their respective affiliates in the Wireless business segment accounted for 21.4%, 20.0%, 13.3% and 12.7% of the Company’s total revenues for the three months ended March 31, 2011.

Geographical Information

During the three months ended March 31, 2012 and 2011, the Company operated in three geographic locations; the Americas, Asia Pacific, and EMEA (Europe, the Middle East, and Africa). Revenues, attributed to the geographic location of the customer’s bill-to address, were as follows (in thousands):


	Three Months Ended March 31,
	2012		2011
	(unaudited)
Americas	$	8,684	$	16,457
EMEA		685		860
Asia Pacific		745		474

Total Revenues	$	10,114	$	17,791

The Company does not separately allocate specific assets to these geographic locations.

12.

Recent Accounting Pronouncements

In December 2011, the FASB issued Accounting Standards Update (“ASU”) No. 2011-12, Comprehensive Income (Topic 220). The amendments in this Update supersede certain pending paragraphs in ASU No. 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income, to effectively defer only those changes in Update 2011-05 that relate to the presentation of reclassification adjustments out of accumulated other comprehensive income. The amendments will be temporary to allow the Board time to redeliberate the presentation requirements for reclassifications out of accumulated other comprehensive income for annual and interim financial statements for public, private, and non-profit entities.

In June 2011, the FASB issued ASU No. 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income. Under the amendments to this Update, an entity has the option to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. The Company has implemented this guidance in this Form 10-Q.

In May 2011, the FASB issued ASU No. 2011-04, Fair Value Measurements and Disclosures (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. The amendments in this Update result in common fair value measurement and disclosure requirements in U.S. GAAP and IFRSs. Consequently, the amendments change the wording used to describe many of the requirements in U.S. GAAP for measuring fair value and for disclosing information about fair value measurements. The Company has implemented this guidance and its adoption has not had an impact on its consolidated results of operations and financial condition.

13.

Commitments and Contingencies

Leases

The Company leases its buildings under non-cancellable operating leases that expire on various dates through 2022. Future minimum annual lease payments under such leases as of March 31, 2012 are as follows (in thousands):


Year Ending December 31,	Operating
2012-9 months	$	1,931
2013		2,612
2014		2,607
2015		2,425
2016		2,130
2017		1,787
Beyond		6,314

Total	$	19,806

Rent expense under operating leases was $0.7 million for both three months ended March 31, 2012 and 2011.

As a condition of our new lease in Pittsburgh, the landlord agreed to incentives of $40.00 per square foot, or a total of $2.2 million, for improvements to the space. These costs have been included in deferred rent in our long-term liabilities and are being amortized over the remaining lease term.

Pennsylvania Opportunity Grant Program

On September 26, 2011, we received $1.0 million from the State of Pennsylvania to help fund our agreement to start-up a new facility. The grant carries with it an obligation, or commitment, to employ at least 232 people within a three-year time period. This grant contains conditions that would require us to return a pro-rata amount of the monies received if we fail to meet these conditions. As such, the monies have been recorded as a liability in the long-term liabilities line item on the balance sheet until we are irrevocably entitled to retain the monies.

Litigation

On June 29, 2011, a complaint was filed in the U.S. District Court for the Central District of California against us and certain of our current officers on behalf of certain purchasers of our common stock. The complaint has been brought as a purported stockholder class action, and, in general, includes allegations that we and certain of our officers violated federal securities laws by making materially false and misleading statements regarding our business prospects and financial results, thereby artificially inflating the price of our common stock. The plaintiff is seeking unspecified monetary damages and other relief. On August 29, 2011, two prospective lead plaintiffs filed motions for appointment of lead plaintiff and for appointment of lead counsel. On October 17, 2011, the court appointed the two prospective lead plaintiffs as co-lead plaintiffs and their respective counsel as co-lead counsel. On December 15, 2011, the co-lead plaintiffs filed their consolidated amended complaint. On February 14, 2012, defendants filed a motion to dismiss the consolidated amended complaint. Plaintiffs’ opposition was filed on April 2, 2012, and defendants’ filed a reply on May 1, 2012. A hearing on the motion to dismiss has been set for May 21, 2012. We intend to vigorously defend against the claims advanced.

On August 11, 2011, a shareholder derivative complaint was filed in the Superior Court of California for the County of Orange against the Company’s directors and certain of its executive officers. Thereafter, two additional similar complaints, also styled as shareholder derivative actions, were filed in state court (collectively, the “State Derivative Actions”). On December 23, 2011, one of the plaintiffs in the State Derivative Actions filed a motion to consolidate the State Derivative Actions and to appoint lead counsel. On February 14, 2012, the two other plaintiffs filed an opposition to this motion, and, on March 7, 2012, they filed their own motion to consolidate and appoint lead counsel. On March 29, 2012, the Court heard the motions, consolidated the three State Derivative Actions, and appointed lead counsel. On May 1, 2012, the Court held an initial Case Management Conference in the consolidated State Derivative Action, at which the Court approved the parties’ stipulation to stay the State Derivative Action pending full resolution of all motions to dismiss in the federal stockholder class action. Should the stay of the State Derivative Actions be lifted upon full resolution of all motions to dismiss in the federal stockholder class action, we expect plaintiffs to file an amended shareholder derivative complaint. On September 12, 2011, a shareholder derivative complaint was filed in the U.S. District Court for the Central District of California against certain of the officers and directors named in the State Derivative Actions but also against additional officers of the Company. Thereafter, two additional similar complaints, also styled as shareholder derivative actions, were filed in federal court (collectively, the “Federal Derivative Actions”). On December 6, 2011, the federal court consolidated the first two filed Federal Derivative Actions and appointed co-lead counsel for plaintiffs. On January 9, 2012, the plaintiff for the third filed federal derivative action requested dismissal of the third filed complaint, which the federal court granted on January 11, 2012. On January 27, 2012, plaintiffs in the Federal Derivative Actions filed their consolidated shareholder derivative complaint. On March 30, 2012, defendants filed a motion to dismiss the consolidated complaint. Plaintiff’s opposition is due May 14, 2012, and defendants’ reply is due June 15, 2012. A hearing on the motion to dismiss has been set for July 16, 2012. Collectively, the State Derivative Actions and the Federal Derivative Actions are referred to as the “Derivative Actions.” The shareholder derivative complaints in the Derivative Actions allege breaches of fiduciary duties by the defendants and other violations of state law. In general, the complaints in the Derivative Actions allege that the Company’s directors and certain of its officers caused or allowed for the dissemination of materially false and misleading statements regarding our business prospects and financial results, thereby artificially inflating the price of our common stock. Plaintiffs in the Derivative Actions seek unspecified monetary damages and other relief, including reforms and improvements to the Company’s corporate governance and internal procedures. We intend to vigorously defend against the claims advanced in the Derivative Actions, and intend to file demurrers and/or motion(s) to dismiss the shareholder derivative complaints in the Derivative Actions.

The Company is and may become involved in various other legal proceedings arising from its business activities. While management does not believe the ultimate disposition of these matters will have a material adverse impact on the Company’s consolidated results of operations, cash flows or financial position, litigation is inherently unpredictable, and depending on the nature and timing of these proceedings, an unfavorable resolution could materially affect the Company’s future consolidated results of operations, cash flows or financial position in a particular period.

14.

Income Taxes

We account for income taxes as required by FASB ASC Topic No. 740, Income Taxes. This Topic clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Topic also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. In the event the future consequences of differences between financial reporting bases and the tax bases of the Company’s assets and liabilities result in a deferred tax asset, we are required to evaluate the probability of being able to realize the future benefits indicated by such asset. The Company records a valuation allowance to reduce any deferred tax assets by the amount of any tax benefits that, based on available evidence and judgment, are not expected to be realized.

The Company assesses whether a valuation allowance should be recorded against its deferred tax assets based on the consideration of all available evidence, using a “more likely than not” realization standard. The four sources of taxable income that must be considered in determining whether deferred tax assets will be realized are: (1) future reversals of existing taxable temporary differences (i.e., offset of gross deferred tax assets against gross deferred tax liabilities); (2) taxable income in prior carryback years, if carryback is permitted under the applicable tax law; (3) tax planning strategies and (4) future taxable income exclusive of reversing temporary differences and carryforwards.

In assessing whether a valuation allowance is required, significant weight is to be given to evidence that can be objectively verified. A significant factor in the Company’s assessment is that the Company is in a three-year historical cumulative loss as of the end of fiscal 2011. This fact, combined with uncertain near-term market and economic conditions, reduced the Company’s ability to rely on projections of future taxable income in assessing the realizability of its deferred tax assets.

After a review of the four sources of taxable income as of December 31, 2011 (as described above), and after consideration of the Company’s three-year cumulative loss position as of December 31, 2011, the Company recorded a valuation allowance related to its U.S.-based deferred tax amounts, with a corresponding charge to income tax expense, of $53.2 million during the year ended December 31, 2011.

We recorded income tax expense of $0.1 million for the three months ended March 31, 2012. We recorded an income tax benefit of $5.2 million for the three months ended March 31, 2011. The effective tax rate for the three months ended March 31, 2012 only reflects state income tax minimums and foreign income taxes since we are unable to record and utilize any income tax benefits. The effective tax rate for the three months ended March 31, 2011 was 40%, primarily due to the ability to claim income tax benefits for state and R&D tax credits.

We may from time to time be assessed interest or penalties by major tax jurisdictions, although any such assessments historically have been minimal and immaterial to our financial results. It is the Company’s policy to classify any interest and/or penalties in the financial statements as a component of general and administrative expense.

In March 2011, the Internal Revenue Service began its examination of the Company’s U.S. federal tax return for the year ended December 31, 2008. The exam was completed on April 13, 2012 with no changes being made to our reported taxes.

15.

Restructuring Expenses

In October 2011, we announced a material Restructuring Plan that was approved by our Board of Directors resulting in charges of $2.2 million in the fourth quarter of fiscal year 2011. This Restructuring Plan involved a realignment of organizational structures, facility consolidations/closures and headcount reductions that will amount to approximately 20% of the Company’s worldwide workforce. The Restructuring Plan was implemented primarily during the fourth quarter of the Company’s 2011 fiscal year. Of the total charges, all but approximately $0.4 million will be cash expenditures.

In February 2012, we undertook an additional restructuring that included a further reduction of headcount of 7-8% and other cost reductions that will result in annualized savings of approximately $7.0M. One-time employee termination and other costs resulted in additional restructuring expenses of $0.3 million recorded in the period ended March 31, 2012.

The following is the activity in our restructuring liability account which is included in the accrued liabilities line item on the balance sheet for the period ended March 31, 2012 (in thousands):


	December 31, 2011							March 31, 2012
	Balance		Provision		Usage			Balance
One-time employee termination benefits	$	1,101	$	190	$	(914	)	$	377
Lease/rental terminations		448		5		(262	)		191
Relocation, move, other expenses		116		139		(48	)		207

Total	$	1,665	$	334	$	(1,224	)	$	775

Of the remaining balance in the restructuring reserve, all but $0.1 million is estimated to be used during the fiscal quarter ending June 30, 2012.

16.

Subsequent Events

The Company evaluates and discloses subsequent events as required by ASC Topic No. 855, Subsequent Events. The Topic establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before the financial statements are issued or are available to be issued. Subsequent events have been evaluated as of the date of this filing and no further disclosures were required.

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

In this document, the terms “Smith Micro,” “Company,” “we,” “us,” and “our” refer to Smith Micro Software, Inc. and, where appropriate, its subsidiaries.

This report contains forward-looking statements regarding Smith Micro which include, but are not limited to, statements concerning projected revenues, expenses, gross profit and income, the competitive factors affecting our business, market acceptance of products, customer concentration, the success and timing of new product introductions and the protection of our intellectual property. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management’s beliefs, and certain assumptions made by us. Words such as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “potential,” “believes,” “seeks,” “estimates,” “should,” “may,” “will” and variations of these words or similar expressions are intended to identify forward-looking statements. Forward-looking statements also include the assumptions underlying or relating to any of the foregoing statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed or implied in any forward-looking statements as a result of various factors. Such factors include, but are not limited to, the following:

•

changes in demand for our products from our customers and their end-users;

•

our ability to predict consumer needs, introduce new products, gain broad market acceptance for such products and ramp up manufacturing in a timely manner;

•

our business and stock price may decline further which could cause an additional impairment of long-lived assets or restructuring charge resulting in a material adverse effect on our financial condition and results of operations;

•

the intensity of the competition and our ability to successfully compete;

•

the pace at which the market for new products develop;

•

the response of competitors, many of whom are bigger and better financed than us;

•

our ability to protect our intellectual property and our ability to not infringe on the rights of others;

•

our ability to successfully execute our business plan and control costs and expenses;

•

the continued economic slowdown and uncertainty and its effects on capital expenditures by our customers and their end users;

•

the amount of our legal expenses and our financial exposure to any adverse judgments or settlements associated with the outstanding securities litigation, and any future litigation that may arise, and the adequacy of our insurance policy coverage regarding those expenses and any damages or settlement payments related to such litigation; and

•

those additional factors which are listed under the section “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2011.

The forward-looking statements contained in this report are made on the basis of the views and assumptions of management regarding future events and business performance as of the date this report is filed with the Securities and Exchange Commission (the “SEC”). We do not undertake any obligation to update these statements to reflect events or circumstances occurring after the date this report is filed.

Overview

Smith Micro Software, Inc. provides software and services that simplify, secure and enhance the mobile experience. The Company’s portfolio of wireless solutions includes a wide range of client and server applications that manage voice, data, video and connectivity over mobile broadband networks. Our primary customers are the world’s leading mobile network operators, mobile device manufacturers and enterprise businesses. In addition to our wireless and mobility software, Smith Micro offers personal productivity and graphics products distributed through a variety of consumer channels worldwide.

The proliferation of mobile broadband technology continues to provide new opportunities for Smith Micro on a global basis. Over the last decade, the Company has developed extensive expertise in embedded software for networked devices (both wireless and

wired), and we have leveraged that expertise to solve an unending tide of connectivity and mobile service challenges for our customers. As network operators and businesses struggle to reduce costs and complexity in a market that is characterized by rapid evolution and fragmentation, Smith Micro answers with innovative solutions that increase reliability, security, performance, efficiency, and usability of wireless services over a wide variety of networks and device platforms.

Our innovative line of productivity and graphics products are distributed through a variety of consumer channels worldwide, our online stores, and third-party wholesalers, retailers and value-added resellers. We offer products that operate on Windows, Mac, UNIX, Linux, Apple iPhone/iPad, Android, Windows Mobile, Symbian and Java platforms.

Results of Operations

The table below sets forth certain statements of operations data expressed as a percentage of revenues for the three months ended March 31, 2012 and 2011. Our historical results are not necessarily indicative of the operating results that may be expected in the future.


	Three Months Ended March 31,
	2012			2011

Revenues		100.0	%		100.0	%
Cost of revenues		21.7			21.2

Gross profit		78.3			78.8
Operating expenses:
Selling and marketing		45.4			47.0
Research and development		70.3			65.6
General and administrative		54.4			39.3
Restructuring expenses		3.3			—

Total operating expenses		173.4			151.9

Operating loss		-95.1			-73.1
Interest and other income, net		0.3			0.2

Loss before provision for income taxes		-94.8			-72.9
Income tax expense (benefit)		0.9			-29.3

Net loss		-95.7	%		-43.6	%

Revenues and Expense Components

The following is a description of the primary components of our revenues and expenses:

Revenues. Revenues are net of sales returns and allowances. Our operations are organized into two business segments:

•

Wireless, which includes our connection management, mobile VPN, media and content management, device management, Push-To-Talk, Visual Voicemail, Voicemail to Text, video content delivery and network traffic optimization solutions; and

•

Productivity & Graphics, which includes retail and direct sales of our compression and broad consumer-based software.

The following table shows the revenues generated by each business segment (in thousands):


	Three Months Ended March 31,
	2012		2011
Wireless	$	8,575	$	15,981
Productivity & Graphics		1,475		1,742
Corporate/Other		64		68

Total revenues		10,114		17,791
Cost of revenues		2,195		3,776

Gross profit	$	7,919	$	14,015

“Corporate/Other” refers to the consulting portion of our services sector which has been de-emphasized and is no longer considered a strategic element of our future plans.

Cost of revenues. Cost of revenues consists of direct product costs, royalties, and the amortization of purchased intangibles and capitalized software.

Selling and marketing. Selling and marketing expenses consist primarily of personnel costs, advertising costs, sales commissions, trade show expenses, and the amortization of certain purchased intangibles. These expenses vary significantly from quarter to quarter based on the timing of trade shows and product introductions.

Research and development. Research and development expenses consist primarily of personnel and equipment costs required to conduct our software development efforts and the amortization of certain acquired intangibles.

General and administrative. General and administrative expenses consist primarily of personnel costs, professional services and fees paid for external service providers, space and occupancy costs, and legal and other public company costs.

Restructuring expenses. Restructuring expenses consist primarily of one-time employee termination benefits, lease and other contract terminations and costs to consolidate facilities and relocate employees.

Interest and other income, net. Interest and other income are directly related to our average cash and short term investment balances during the period and vary among periods. Our other excess cash is invested in short term marketable equity and debt securities classified as cash equivalents.

Provision for tax expense (benefit). The Company accounts for income taxes as required by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic No. 740, Income Taxes. This statement requires the recognition of deferred tax assets and liabilities for the future consequences of events that have been recognized in the Company’s financial statements or tax returns. Measurement of the deferred items is based on enacted tax laws. In the event the future consequences of differences between financial reporting bases and tax bases of the Company’s assets and liabilities result in a deferred tax asset, we are required to evaluate the probability of being able to realize the future benefits indicated by such asset. The deferred tax assets are reduced by a valuation allowance if, based upon all available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. Establishing, reducing or increasing a valuation allowance in an accounting period generally results in an increase or decrease in tax expense in the statement of operations. We must make significant judgments to determine the provision for income taxes, deferred tax assets and liabilities, unrecognized tax benefits and any valuation allowance to be recorded against deferred tax assets. After consideration of the Company’s three year cumulative loss position as of December 31, 2011 and sources of taxable income, the Company recorded a valuation allowance related to its U.S.-based deferred tax amounts, with a corresponding charge to income tax expense, of $53.2 million for the year ended December 31, 2011.

Three Months Ended March 31, 2012 Compared to the Three Months Ended March 31, 2011

Revenues. Revenues were $10.1 million and $17.8 million for the three months ended March 31, 2012 and 2011, respectively, representing a decrease of $7.7 million, or 43.2%. Wireless revenues decreased $7.4 million, or 46.3%, primarily due to lower sales of our connection manager products. Productivity & Graphics revenues decreased $0.3 million, or 15.3% due to lower sell through at large retailers. Due to the introduction and market acceptance of mobile hotspot devices, Tablets and Smartphones capable of functioning as a WWAN hotspot, our core connection management products continue to experience lower demand in our North American marketplace. While we have launched new wireless products that address this technology shift, they are new to the market and their rate of adoption and deployment is unknown at this time causing material uncertainty regarding the timing of our future wireless revenues.

Cost of revenues. Cost of revenues was $2.2 million and $3.8 million for the three months ended March 31, 2012 and 2011, representing a decrease of $1.6 million, or 41.9%. Direct product costs decreased $0.3 million primarily due to lower maintenance costs and other cost reductions. Amortization of intangibles decreased $1.3 million as all intangibles were fully impaired at the end of the fiscal third quarter of 2011.

Gross profit. Gross profit was $7.9 million, or 78.3% of revenues for the three months ended March 31, 2012, a decrease of $6.1 million, or 43.5%, from $14.0 million, or 78.8% of revenues for the three months ended March 31, 2011. The 0.5 percentage point decrease was primarily due to lower product margins of 7.7 points as a result of the decrease in revenues. Amortization of intangibles as a percentage of revenues decreased 7.2 points due to no amortization of intangibles this fiscal quarter versus the same fiscal period last year.

Selling and marketing. Selling and marketing expenses were $4.6 million and $8.4 million for the three months ended March 31, 2012 and 2011, respectively, representing a decrease of $3.8 million, or 45.1%. This decrease was primarily due to lower headcount of $2.0 million, lower third party commissions/distribution fees of $0.3 million, and other cost reductions of $0.2 million. Amortization of intangibles decreased $0.7 million as all intangibles were fully impaired at the end of the fiscal third quarter of 2011. Stock-based compensation decreased from $0.8 million to $0.2 million, or $0.6 million.

Research and development. Research and development expenses were $7.1 million and $11.7 million for the three months ended March 31, 2012 and 2011, respectively, representing a decrease of $4.6 million, or 39.2%. This decrease was primarily due to lower headcount of $3.9 million and less travel of $0.2 million. Amortization of intangibles decreased $0.1 million all intangibles were fully impaired at the end of the fiscal third quarter of 2011. Stock-based compensation decreased from $0.6 million to $0.2 million, or $0.4 million.

General and administrative. General and administrative expenses were $5.5 million and $7.0 million for the three months ended March 31, 2012 and 2011, respectively, representing a decrease of $1.5 million, or 21.2%. This decrease was primarily due to lower headcount of $0.8 million partially offset by increased depreciation and amortization of leasehold improvements associated with facility expansions made last year of $0.2 million. Stock-based compensation decreased from $1.6 million to $0.7 million, or $0.9 million.

Restructuring expenses. Restructuring expenses were $0.3 million for the three months ended March 31, 2012 and were zero for the same period last year. These expenses were related to one-time termination benefits for employees of $0.2 million and expenses related to facility consolidations of $0.1 million.

Interest and other income, net. Interest and other income was de minimis for both of the three months ended March 31, 2012, and 2011.

Provision for income tax expense (benefit). We recorded income tax expense of $0.1 million for the three months ended March 31, 2012. We recorded an income tax benefit of $5.2 million for the three months ended March 31, 2011. The effective tax rate for the three months ended March 31, 2012 only reflects state income tax minimums and foreign income taxes. For 2012, we have reserved our income tax benefit due to consecutive quarterly losses. The effective tax rate for the three months ended March 31, 2011 was 40%, primarily due to the ability to claim income tax benefits for state and R&D tax credits.

Liquidity and Capital Resources

At March 31, 2012, we had $37.6 million in cash and cash equivalents and short-term investments and $44.9 million of working capital.

In November 2011, the Company announced that its Board of Directors had approved a program authorizing the repurchase of up to five million shares of the company’s common stock over a period of up to two years. Under this program, stock repurchases may be made from time to time and the actual amount expended will depend on a variety of factors including market conditions, regulatory and legal requirements, corporate cash generation and other factors. The stock repurchases may be made in both open market and privately negotiated transactions, and may include the use of Rule 10b5-1 trading plans. The program does not obligate Smith Micro to repurchase any particular amount of common stock during any period and the program may be modified or suspended at any time at the company’s discretion. During the three months ended March 31, 2012, we repurchased 125,000 shares at a cost of $0.3 million.

Capital expenditures were only $0.1 million for the three months ended March 31, 2012 versus $6.6 million for the three months ended March 31, 2011 as we expanded our Aliso Viejo datacenter and built out our new Pittsburgh facility last year. We currently anticipate that capital expenditures will be considerably lower in 2012 from 2011.

We believe that our existing cash, cash equivalents and short-term investment balances will be sufficient to finance our working capital and capital expenditure requirements through at least the next twelve months. We may require additional funds to support our working capital requirements or for other purposes and may seek to raise additional funds through public or private equity or debt financing or from other sources. If additional financing is needed, we cannot assure that such financing will be available to us at commercially reasonable terms or at all.

Operating activities

Net cash used by operating activities was $8.1 million for the three months ended March 31, 2012. The primary uses of operating cash were our net loss of $9.7 million, a decrease of our accounts payable and accrued expenses of $1.5 million, and an increase in our accounts receivable of $0.4 million. These were partially offset by non-cash expenses including stock-based compensation of $1.2 million, depreciation and amortization of $1.1 million, and other working capital and non-cash expense increases of $1.2 million. Net cash used by operating activities was $2.3 million for the three months ended March 31, 2011. The primary uses of operating cash were our net loss of $7.8 million, the increase of deferred tax assets of $5.5 million and other assets increasing by $0.3 million. These were partially offset by a decrease in accounts receivable of $4.8 million, non-cash expenses including depreciation and amortization of $2.7 million, stock-based compensation of $2.1 million and increases of current liabilities of $1.7 million.

Investing activities

During the three months ended March 31, 2012, we received $17.1 million from investing activities due to proceeds from our short-term investments of $17.2 million, partially offset by capital expenditures of $0.1 million. During the three months ended March 31, 2011, we used $8.5 million in investing activities due to investing in capital expenditures of $6.5 million as we expanded our Aliso Viejo datacenter and built out our new Pittsburgh facility and short-term investments of $2.0 million.

Financing activities

During the three months ended March 31, 2012, we used $0.3 million for the repurchase of our common stock. During the three months ended March 31, 2011, we received $0.3 million from the stock sale for the employee stock purchase plan and $0.3 million from tax benefits related to stock-based compensation.

Contractual obligations and commercial commitments

As of March 31, 2012 we had no debt. The following table summarizes our contractual obligations as of March 31, 2012 (in thousands):


	Payments due by period
Contractual obligations:	Total		1 year or less		1-3 years		3-5 years		More than 5 years
Operating Lease Obligations	$	19,806	$	2,579	$	5,204	$	4,368	$	7,655
Purchase Obligations		1,743		1,743		—		—		—

Total	$	21,549	$	4,322	$	5,204	$	4,368	$	7,655

During our normal course of business, we have made certain indemnities, commitments and guarantees under which we may be required to make payments in relation to certain transactions. These include: intellectual property indemnities to our customers and licensees in connection with the use, sale and/or license of our products; indemnities to various lessors in connection with facility leases for certain claims arising from such facility or lease; indemnities to vendors and service providers pertaining to claims based on the negligence or willful misconduct; indemnities involving the accuracy of representations and warranties in certain contracts; and indemnities to directors and officers of the Company to the maximum extent permitted under the laws of the State of Delaware. We may also issue a guarantee in the form of a standby letter of credit as security for contingent liabilities under certain customer contracts. The duration of these indemnities, commitments and guarantees varies, and in certain cases, may be indefinite. The majority of these indemnities, commitments and guarantees may not provide for any limitation of the maximum potential for future payments we could be obligated to make. We have not recorded any liability for these indemnities, commitments and guarantees in the accompanying consolidated balance sheets.

Real Property Leases

Our corporate headquarters, including our principal administrative, sales and marketing, customer support and research and development facility, is located in Aliso Viejo, California, where we currently lease and occupy approximately 52,700 square feet of

space pursuant to leases that expire on May 31, 2016 and January 31, 2022. We lease approximately 55,600 square feet in Pittsburgh, Pennsylvania under a lease that expires December 31, 2021. We leased approximately 21,000 square feet in Mountain View, California under a lease that was to expire on February 28, 2014, but on March 31, 2012 we moved to a new facility in Sunnyvale, California and have no further obligation on this lease as of April 1, 2012. We lease approximately 16,000 square feet in Sunnyvale, California under a lease that expires February 28, 2015. We lease approximately 14,400 square feet in Chicago, Illinois under a lease that expires August 31, 2012. We lease approximately 15,300 square feet in Watsonville, California under a lease that expires September 30, 2018. Internationally, we lease space in Belgrade, Serbia and Vancouver, Canada. These leases are for two to six-year terms.

Critical Accounting Policies and Estimates

Our discussion and analysis of results of operations, financial condition and liquidity are based upon our consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may materially differ from these estimates under different assumptions or conditions. On an on-going basis, we review our estimates to ensure that the estimates appropriately reflect changes in our business or new information as it becomes available.

We believe the following critical accounting policies affect our more significant estimates and assumptions used in the preparation of our consolidated financial statements:

Revenue Recognition

We currently report our net revenues under two operating groups: Wireless and Productivity & Graphics. Within each of these groups software revenue is recognized based on the customer and contract type. We recognize revenue when persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed and determinable, and collectibility is probable as required by FASB ASC Topic No. 985-605, Software-Revenue Recognition. We recognize revenues from sales of our software to our customers or end users as completed products are shipped and titles passes; or from royalties generated as authorized customers duplicate our software, if the other requirements are met. If the requirements are not met at the date of shipment, revenue is not recognized until these elements are known or resolved. Returns from customers are limited to defective goods or goods shipped in error. Historically, customer returns have not exceeded the very nominal estimates and reserves. We also provide some technical support to our customers. Such costs have historically been insignificant.

We have a few multiple element agreements for which we have contracted to provide a perpetual license for use of proprietary software, to provide non-recurring engineering, and in some cases to provide software maintenance (post contract support). As of January 1, 2011, we adopted ASU No. 2009-13, Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements which amends revenue recognition guidance for arrangements with multiple deliverables. The new guidance eliminated the residual method of revenue recognition and allows the use of management’s best estimate of selling price for individual elements of an arrangement when vendor specific objective evidence (“VSOE”), vendor objective evidence (“VOE”) or third-party evidence (“TPE”) is unavailable. For most of our multiple element agreements, VSOE for all contract elements is used and the timing of the individual element revenue streams is determined and recognized as delivered.

For Productivity & Graphics sales, management reviews available retail channel information and makes a determination of a return provision for sales made to distributors and retailers based on current channel inventory levels and historical return patterns. Certain sales to distributors or retailers are made on a consignment basis. Revenue for consignment sales are not recognized until sell through to the final customer is established. Certain revenues are booked net of revenue sharing payments. Sales directly to end-users are recognized upon shipment. End users have a thirty day right of return, but such returns are reasonably estimable and have historically been immaterial. We also provide technical support to our customers. Such costs have historically been insignificant.

Accounts Receivable and Allowance for Doubtful Accounts

We sell our products worldwide. We perform ongoing credit evaluations of our customers and adjust credit limits based upon payment history, the customer’s current credit worthiness and various other factors, as determined by our review of their current credit information. We continuously monitor collections and payments from our customers. We estimate credit losses and maintain an allowance for doubtful accounts reserve based upon these estimates. While such credit losses have historically been within our estimated reserves, we cannot guarantee that we will continue to experience the same credit loss rates that we have in the past. If not, this could have an adverse effect on our consolidated financial statements.

Impairment or Disposal of Long Lived Assets

Long-lived assets to be held are reviewed for events or changes in circumstances which indicate that their carrying value may not be recoverable. They are tested for recoverability using undiscounted cash flows to determine whether or not impairment to such value has occurred as required by FASB ASC Topic No. 360, Property, Plant, and Equipment. The Company has determined that there was no impairment at March 31, 2012.

Income Taxes

Item 3.

Quantitative and Qualitative Disclosures About Market Risk.

Interest Rate Risk

Our financial instruments include cash and cash equivalents and short-term investments. At March 31, 2012, the carrying values of our financial instruments approximated fair values based on current market prices and rates.

Foreign Currency Risk

While a majority of our business is denominated in U.S. dollars, we do invoice in foreign currencies. For the three months ended March 31, 2012 and 2011, our revenues denominated in foreign currencies were essentially zero and $0.2 million, respectively. Fluctuations in the rate of exchange between the U.S. dollar and certain other currencies may affect our results of operations and period-to-period comparisons of our operating results. We do not currently engage in hedging or similar transactions to reduce these risks. The operational expenses of our foreign entities reduce the currency exposure we have because our foreign currency revenues are offset in part by expenses payable in foreign currencies. As such, we do not believe we have a material exposure to foreign currency rate fluctuations at this time.

Item 4.

Controls and Procedures.

Evaluation of disclosure controls and procedures

We conducted an evaluation under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) under the Securities Exchange Act of 1934 (“Exchange Act”)) as of March 31, 2012. Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer have determined that as of March 31, 2012, our disclosure controls and procedures were effective to ensure that the information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. In designing and evaluating the disclosure controls and procedures, our management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and our management necessarily is required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

Management’s responsibility for financial statements

Our management is responsible for the integrity and objectivity of all information presented in this report. The consolidated financial statements were prepared in conformity with accounting principles generally accepted in the United States of America and include amounts based on management’s best estimates and judgments. Management believes the consolidated financial statements fairly reflect the form and substance of transactions and that the financial statements fairly represent the Company’s financial position and results of operations for the periods and as of the dates stated therein.

The Audit Committee of the Board of Directors, which is composed solely of independent directors, meets regularly with our independent registered public accounting firm, SingerLewak LLP, and representatives of management to review accounting, financial reporting, internal control and audit matters, as well as the nature and extent of the audit effort. The Audit Committee is responsible for the engagement of the independent auditors. The independent auditors have free access to the Audit Committee.

Changes in internal control over financial reporting

There have been no changes in our internal controls over financial reporting during the quarter ended March 31, 2012 that have materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.

PART II. OTHER INFORMATION

Item 1.

Legal Proceedings.

Item 1A.

Risk Factors

In addition to the other information set forth in this report, you should carefully consider the factors discussed in Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for our fiscal year ended December 31, 2011. The risks discussed in our Annual Report on Form 10-K could materially affect our business, financial condition and future results. The risks described in our Annual Report on Form 10-K are not the only risks facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition or operating results.

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds.

The table set forth below shows all repurchases of securities by us during the period ended March 31, 2012:

ISSUER PURCHASES OF EQUITY SECURITIES


Period	Total Number of Shares (or Units) Purchased			Average Price Paid per Share (or Unit)		Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs			Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs
Jan. 1-31, 2012		—			—		—			—
Feb. 1-29, 2012		4,812	(a)	$	1.28		—			—
Mar. 1-31, 2012		—		$	2.61		125,000	(b)		5,000,000

Total		4,812					125,000			5,000,000

The above table includes:

(a)	Acquisition of stock by the Company as payment of withholding taxes in connection with the vesting of restricted stock awards, in an aggregate amount of 4,812 shares during the periods set forth in the table.

(b)

Repurchases of stock under a program announced on November 2, 2011 authorizing the repurchase by the Company of up to 5,000,000 shares over a period of up to two years. Under this program, stock repurchases may be made from time to time and the actual amount expended will depend on a variety of factors including market conditions, regulatory and legal requirements, corporate cash generation and other factors. The stock repurchases may be made in both open market and privately negotiated transactions, and may include the use of Rule 10b5-1 trading plans. The program does not obligate the Company to repurchase any particular amount of common stock during any period and the program may be modified or suspended at any time at the Company’s discretion. During the period ended March 31, 2012, we repurchased an aggregate of 125,000 shares of common stock at a cost of $0.3 million.

Item 6.

Exhibits.


3.1		Certificate of Designations of Series A Junior Participating Preferred Stock of Smith Micro Software, Inc. dated April 25, 2012 (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K filed on April 25, 2012).

4.1		Stockholder Rights Agreement dated as of April 24, 2012, between Smith Micro Software, Inc. and Computershare Trust Company, N.A., as Rights Agent (incorporated by reference to Exhibit 4.1 to the Registrants Current Report on Form 8-K filed on April 25, 2012).

31.1		Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2		Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1		Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

101.INS**		XBRL Instance Document


101.SCH**		XBRL Taxonomy Extension Schema Document

101.CAL**		XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF**		XBRL Taxonomy Extension Definition Linkbase Document

101.LAB**		XBRL Taxonomy Extension Label Linkbase Document

101.PRE**		XBRL Taxonomy Extension Presentation Linkbase Document

XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, and otherwise is not subject to liability under these sections.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


				SMITH MICRO SOFTWARE, INC.

May 4, 2012				By /s/ William W. Smith, Jr.
				William W. Smith, Jr.
				President and Chief Executive Officer
				(Principal Executive Officer)

May 4, 2012				By /s/ Andrew C. Schmidt
				Andrew C. Schmidt
				Vice President and Chief Financial Officer
				(Principal Financial Officer)

EX-31.1 2 d327715dex311.htm CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 Certification of Chief Executive Officer Pursuant to Section 302

EXHIBIT 31.1

CERTIFICATION PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

(18 U.S.C. SECTION 1350)

I, William W. Smith, Jr., certify that:

I have reviewed this quarterly report on Form 10-Q of Smith Micro Software, Inc.;

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


Date: May 4, 2012		/s/ William W. Smith, Jr.
		William W. Smith, Jr.
		President and Chief Executive Officer
		(Principal Executive Officer)

EX-31.2 3 d327715dex312.htm CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 Certification of Chief Financial Officer Pursuant to Section 302

EXHIBIT 31.2

CERTIFICATION PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

(18 U.S.C. SECTION 1350)

I, Andrew C. Schmidt, certify that:

I have reviewed this quarterly report on Form 10-Q of Smith Micro Software, Inc.;

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


Date: May 4, 2012		/s/ Andrew C. Schmidt
		Andrew C. Schmidt
		Vice President and Chief Financial Officer
		(Principal Financial Officer)

EX-32.1 4 d327715dex321.htm CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

EXHIBIT 32.1

CERTIFICATIONS OF THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Each of the undersigned hereby certifies, in accordance with 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, in his capacity as an officer of Smith Micro Software, Inc., that, to his knowledge, the Quarterly Report of Smith Micro Software, Inc. on Form 10-Q for the period ended March 31, 2012, fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934 and that the information contained in such report fairly presents, in all material respects, the financial condition and results of operation of the company.


May 4, 2012		By /s/ William W. Smith, Jr.
		William W. Smith, Jr.
		President and Chief Executive Officer
		(Principal Executive Officer)

May 4, 2012		By /s/ Andrew C. Schmidt
		Andrew C. Schmidt
		Vice President and Chief Financial Officer
		(Principal Financial Officer)

A signed original of this written statement required by Section 906 has been provided to Smith Micro Software, Inc. and will be retained by Smith Micro Software, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.

EX-101.INS 5 smsi-20120331.xml XBRL INSTANCE DOCUMENT 0000948708 2012-04-27 0000948708 2012-03-31 0000948708 2011-12-31 0000948708 2012-01-01 2012-03-31 0000948708 2011-01-01 2011-03-31 0000948708 us-gaap:CommonStockMember 2011-12-31 0000948708 us-gaap:AdditionalPaidInCapitalMember 2011-12-31 0000948708 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2011-12-31 0000948708 us-gaap:CommonStockMember 2012-01-01 2012-03-31 0000948708 us-gaap:AdditionalPaidInCapitalMember 2012-01-01 2012-03-31 0000948708 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2012-01-01 2012-03-31 0000948708 us-gaap:CommonStockMember 2012-03-31 0000948708 us-gaap:AdditionalPaidInCapitalMember 2012-03-31 0000948708 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2012-03-31 0000948708 2010-12-31 0000948708 2011-03-31 iso4217:USD xbrli:shares xbrli:shares iso4217:USD SMITH MICRO SOFTWARE INC 0000948708 --12-31 Accelerated Filer 10-Q false 2012-03-31 Q1 2012 36122952

16167000

7475000

21410000

38497000

8531000

8525000

1121000

1382000

7941000

8293000

256000

309000

436000

417000

776000

1138000

8000

55089000

64245000

14422000

15482000

219000

214000

69730000

79941000

1986000

3181000

7262000

7641000

944000

703000

10192000

11525000

3408000

3546000

10000

3418000

3556000

0.001

5000000

36000

0.001

50000000

36123317

35611976

36123317

35611976

208835000

207927000

-152751000

-143103000

56120000

64860000

69730000

79941000

10114000

17791000

2195000

3776000

7919000

14015000

4592000

8362000

7104000

11680000

5504000

6985000

334000

17534000

27027000

-9615000

-13012000

23000

43000

-9592000

-12969000

90000

-5216000

-9682000

-7753000

40000

7000

6000

3000

34000

4000

-9648000

-7749000

-0.27

-0.22

35590000 35263000

35612000

36000

207927000

-143103000

6000

10000

16000

590000

1162000

5000

6000

45000

55000

125000

329000

-9648000

36123000

36000

208835000

-152751000

1115000

2736000

419000

193000

19000 26000

284000

1178000

2107000

425000

-4809000

-352000

-5540000

-34000

8000

-357000

237000

-1477000

1694000

-8110000

-2257000

55000

6561000

-17121000

1985000

17066000

-8546000

284000

55000

345000

10000

7000

329000

-264000

636000

8692000

-10167000

17856000

7689000

91000

224000

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">1.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">The Company </td> </tr> </table> Smith Micro Software, Inc. (“we,” “us,” “our,” “Smith Micro,” or the “Company”) provides software and services that simplify, secure and enhance the mobile experience. The Company’s portfolio of wireless solutions includes a wide range of client and server applications that manage voice, data, video and connectivity over mobile broadband networks. Our primary customers are the world’s leading mobile network operators, mobile device manufacturers and enterprise businesses. In addition to our wireless and mobility software, Smith Micro offers personal productivity and graphics products distributed through a variety of consumer channels worldwide.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">2.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Basis of Presentation </td> </tr> </table> The accompanying interim consolidated balance sheet and statement of stockholders’ equity as of March 31, 2012, and the related statements of comprehensive loss and cash flows for the three months ended March 31, 2012 and 2011 are unaudited. The unaudited consolidated financial statements have been prepared according to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, therefore, certain information and disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been omitted. In the opinion of management, the accompanying unaudited consolidated financial statements for the periods presented reflect all adjustments, which are normal and recurring, necessary to fairly state the financial position, results of operations and cash flows. These unaudited consolidated financial statements should be read in conjunction with the audited financial statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2011 filed with the SEC on February 27, 2012. Intercompany balances and transactions have been eliminated in consolidation. Operating results for the three months ended March 31, 2012 are not necessarily indicative of the results that may be expected for any other interim period or for the fiscal year ending December 31, 2012.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">3.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Net Income (Loss) Per Share </td> </tr> </table> The Company calculates earnings per share (“EPS”) as required by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic No. 260, Earning Per Share. Basic EPS is calculated by dividing the net income available to common stockholders by the weighted average number of common shares outstanding for the period, excluding common stock equivalents. Diluted EPS is computed by dividing the net income available to common stockholders by the weighted average number of common shares outstanding for the period plus the weighted average number of dilutive common stock equivalents outstanding for the period determined using the treasury-stock method. For periods with a net loss, the dilutive common stock equivalents are excluded from the diluted EPS calculation. For purposes of this calculation, common stock subject to repurchase by the Company and options are considered to be common stock equivalents and are only included in the calculation of diluted earnings per share when their effect is dilutive. <table cellspacing="0" cellpadding="0" width="76%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="82%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="6" align="center">Three Months Ended March 31,</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2012</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2011</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="6" nowrap="nowrap" align="center">(unaudited, in thousands, except per share amounts)</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> Numerator: </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr> <tr> <td valign="top"> Net loss available to common stockholders </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(9,682</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(7,753</td> <td nowrap="nowrap" valign="bottom">) </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Denominator: </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr> <tr> <td valign="top"> Weighted average shares outstanding - basic </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">35,590</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">35,263</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Potential common shares - options (treasury stock method) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr> <td valign="bottom"> Weighted average shares outstanding - diluted </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">35,590</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">35,263</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Shares excluded (anti-dilutive) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">40</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">429</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr> <td valign="bottom"> Shares excluded due to an exercise price greater than weighted average stock price for the period </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,567</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,934</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Net loss per common share: </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr> <tr> <td valign="top"> Basic </td> <td valign="bottom"> </td> <td valign="bottom">($</td> <td valign="bottom" align="right">0.27</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom">($</td> <td valign="bottom" align="right">0.22</td> <td nowrap="nowrap" valign="bottom">) </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Diluted </td> <td valign="bottom"> </td> <td valign="bottom">($</td> <td valign="bottom" align="right">0.27</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom">($</td> <td valign="bottom" align="right">0.22</td> <td nowrap="nowrap" valign="bottom">) </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr>  </table>

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">4.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Stock-Based Compensation </td> </tr> </table> Stock Plans On July 28, 2005, our Shareholders approved the 2005 Stock Option / Stock Issuance Plan (“2005 Plan”). The 2005 Plan, which became effective the same date, replaced the 1995 Stock Option / Stock Issuance Plan (“1995 Plan”), which expired on May 24, 2005. All outstanding options under the 1995 Plan remained outstanding, but no further grants will be made under that Plan. The 2005 Plan provides for the issuance of non-qualified or incentive stock options and restricted stock to employees, non-employee members of the board and consultants. The exercise price per share is not to be less than the fair market value per share of the Company’s common stock on the date of grant. The Board of Directors has the discretion to determine the vesting schedule. Options may be exercisable immediately or in installments, but generally vest over a four-year period from the date of grant. In the event the holder ceases to be employed by the Company, all unvested options terminate and all vested options may be exercised within a period following termination. In general, options expire ten years from the date of grant. Restricted stock is valued using the closing stock price on the date of the grant. The total value is expensed over the vesting period of 12 to 48 months. The maximum number of shares of the Company’s common stock that were available for issuance over the term of the original 2005 Plan could not exceed 5,000,000 shares, plus that number of additional shares equal to 2.5% of the number of shares of common stock outstanding on the last trading day of the calendar year commencing with calendar year 2006 (but not in excess of 750,000 shares). On October 11, 2007, our shareholders voted to approve an amendment to the 2005 Plan to increase the maximum number of shares of common stock that may be issued under the 2005 Plan from 5,000,000 shares (plus an annual increase) to 7,000,000 shares (plus an annual increase). Employee Stock Purchase Plan The Company has a shareholder approved employee stock purchase plan (“ESPP”), under which substantially all employees may purchase the Company’s common stock through payroll deductions at a price equal to 85% of the lower of the fair market values of the stock as of the beginning and end of six-month offering periods. An employee’s payroll deductions under the ESPP are limited to 10% of the employee’s compensation and employees may not purchase more than the lesser of $25,000 of stock, or 1,000 shares, for any calendar year. Additionally, no more than 1,000,000 shares may be purchased under the plan. Stock Compensation The Company accounts for all stock-based payment awards made to employees and directors based on their fair values and recognized as compensation expense over the vesting period using the straight-line method over the requisite service period for each award as required by FASB ASC Topic No. 718, Compensation-Stock Compensation. Valuation of Stock Option and Restricted Stock Awards There were no stock options granted during the three months ended March 31, 2012 or March 31, 2011. Grants of restricted stock are valued using the closing stock price on the date of grant. In the three months ended March 31, 2012, a total of 40,000 shares of restricted stock, with a total value of $0.1 million, were granted to members of the Board of Directors. This cost will be amortized over a period of 12 months. In addition, 1.0 million shares of restricted stock, with a total value of $2.5 million, were granted to key officers and employees of the Company. This cost will be amortized over a period of 48 months. Valuation of ESPP The Company’s six-month offering period ended March 31, 2012 resulted in 44,666 shares being purchased/granted at a fair value of $0.69 per share. The Company’s six-month offering period ended March 31, 2011 resulted in 43,335 shares being purchased/granted at a fair value of $3.98 per share. The fair values of the offerings were estimated on the date of grant using a Black-Scholes valuation model that uses the assumptions noted in the following table. The risk-free rate is based on the U.S. treasury yield curve in effect at the time of grant. Expected volatility was based on the historical volatility on the day of grant.   <table cellspacing="0" cellpadding="0" width="76%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="61%"> </td> <td valign="bottom" width="17%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="17%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom" nowrap="nowrap"> Assumptions </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Offering Period Ended March 31, 2012</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Offering Period Ended March 31, 2011</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> Risk-free interest rate (average) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">.05</td> <td nowrap="nowrap" valign="bottom">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">.18</td> <td nowrap="nowrap" valign="bottom">% </td> </tr> <tr> <td valign="top"> Expected dividend yield </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Weighted average expected life (years) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">.5</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">.5</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> Volatility (average) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">105.0</td> <td nowrap="nowrap" valign="bottom">% </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">72.0</td> <td nowrap="nowrap" valign="bottom">% </td> </tr>  </table> Compensation Costs As required by FASB ASC Topic No. 718, Compensation-Stock Compensation, the Company elected to attribute the value of stock-based compensation to expense using the straight-line method over the requisite service period for each award, which was previously used for its pro forma information. Stock-based non-cash compensation expenses related to stock options, restricted stock grants and the employee stock purchase plan were recorded in the financial statements as follows (in thousands):   <table cellspacing="0" cellpadding="0" width="76%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="80%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="6" align="center"> Three Months Ended March 31, (unaudited) </td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2012</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2011</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> Cost of revenues </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">4</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">17</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> Selling and marketing </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">217</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">584</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Research and development </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">186</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">505</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> General and administrative </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">765</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,001</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Restructuring expenses </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">6</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr> <td valign="top"> Total non-cash stock compensation expense </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,178</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">2,107</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr>  </table> Total stock-based compensation for each quarter includes cash payment of income taxes related to grants of restricted stock in the amount of $0.1 million in the three months ended March 31, 2012 and $0.9 million in the three months ended March 31, 2011. Stock Options A summary of the Company’s stock options outstanding under the 2005 Plan as of March 31, 2012, and the activity during the three months then ended, are as follows: <table cellspacing="0" cellpadding="0" width="84%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="68%"> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Shares</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Weighted Ave. Exercise Price</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Aggregate Intrinsic Value</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="10" align="center">(in thousands except per share amounts)</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> Outstanding as of December 31, 2011 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2,167</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">11.03</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr> <tr> <td valign="top"> Granted (unaudited) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Exercised (unaudited) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(6</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1.62</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr> <tr> <td valign="top"> Cancelled (unaudited) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(447</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">11.72</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="bottom"> Outstanding as of March 31, 2012 (unaudited) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,714</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">10.55</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr> <td valign="top"> Exercisable as of March 31, 2012 (unaudited) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,714</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">10.55</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr>  </table> During the three months ended March 31, 2012, options to acquire 6,042 shares were exercised with an intrinsic value of $4,000, resulting in cash proceeds to the Company of $10,000. During the three months ended March 31, 2011, options to acquire 5,688 shares were exercised with an intrinsic value of $46,000, resulting in cash proceeds to the Company of $7,000. At March 31, 2012, there were 2.8 million shares available for future grants under the 2005 Stock Issuance / Stock Option Plan. Additional information regarding options outstanding as of March 31, 2012 is as follows:   <table cellspacing="0" cellpadding="0" width="90%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="57%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td colspan="2" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="4" align="center" style="border-bottom:1px solid #000000">Options outstanding</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="6" align="center" style="border-bottom:1px solid #000000">Options exercisable</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom" nowrap="nowrap"> Range of exercise prices </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Number outstanding (in thousands)</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Weighted average remaining contractual life (years)</td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Weighted average exercise price</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Number exercisable (in thousands)</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Weighted average exercise price</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> $0.24 - $4.00 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">148</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="center">1.9</td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1.62</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">148</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1.62</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> $4.01 - $6.00 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">378</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="center">3.5</td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">4.93</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">378</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">4.93</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> $6.01 - $12.00 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">149</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="center">5.1</td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">8.57</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">149</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">8.57</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> $12.01 - $14.00 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">559</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="center">4.9</td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">12.66</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">559</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">12.66</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> $14.01 - $16.00 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">380</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="center">5.0</td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">15.18</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">380</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">15.18</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> $16.01 - $19.00 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">100</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="center">5.1</td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">18.51</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">100</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">18.51</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,714</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="center">4.4</td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">10.55</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,714</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">10.55</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> </tr>  </table> Restricted Stock Awards A summary of the Company’s restricted stock awards outstanding under the 2005 Plan as of March 31, 2012, and the activity during the three months then ended, are as follows (in thousands):   <table cellspacing="0" cellpadding="0" width="68%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="90%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Shares</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> Unvested at December 31, 2011 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,355</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> Granted (unaudited) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">995</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Cancelled/forfeited (unaudited) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(404</td> <td nowrap="nowrap" valign="bottom">) </td> </tr> <tr> <td valign="top"> Vested (unaudited) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(176</td> <td nowrap="nowrap" valign="bottom">) </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Unvested at March 31, 2012 (unaudited) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,770</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr>  </table>

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">5.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Fair Value of Financial Instruments </td> </tr> </table> The Company measures and discloses fair value measurements as required by FASB ASC Topic No. 820, Fair Value Measurements and Disclosures. The carrying value of accounts receivable, foreign cash accounts, prepaid expenses, other current assets, accounts payable, and accrued expenses are considered to be representative of their respective fair values because of the short-term nature of those instruments. Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or a liability. As a basis for considering such assumptions, the FASB establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:   <table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="5%"> </td> <td width="2%" valign="top" align="left">•</td> <td width="1%" valign="top"> </td> <td align="left" valign="top"> Level 1 - Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. </td> </tr> </table>   <table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="5%"> </td> <td width="2%" valign="top" align="left">•</td> <td width="1%" valign="top"> </td> <td align="left" valign="top"> Level 2 - Include other inputs that are directly or indirectly observable in the marketplace. </td> </tr> </table>   <table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="5%"> </td> <td width="2%" valign="top" align="left">•</td> <td width="1%" valign="top"> </td> <td align="left" valign="top"> Level 3 - Unobservable inputs which are supported by little or no market activity. </td> </tr> </table> The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. As required by FASB ASC Topic No. 820, we measure our cash equivalents and short-term investments at fair value. Our cash equivalents and short-term investments are classified within Level 1 by using quoted market prices utilizing market observable inputs. As required by FASB ASC Topic No. 825, Financial Instruments, an entity can choose to measure at fair value many financial instruments and certain other items that are not currently required to be measured at fair value. Subsequent changes in fair value for designated items are required to be reported in earnings in the current period. This Topic also establishes presentation and disclosure requirements for similar types of assets and liabilities measured at fair value. As permitted, the Company has elected not to use the fair value option to measure our available-for-sale securities under this Topic and will continue to report as required by FASB ASC Topic No. 320, Investments-Debt and Equity Securities. We have made this election because the nature of our financial assets and liabilities are not of such complexity that they would benefit from a change in valuation to fair value.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">6.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Cash and Cash Equivalents </td> </tr> </table> Cash and cash equivalents generally consist of cash, government securities, mutual funds, and money market funds. These securities are primarily held in two financial institutions and are uninsured except for the minimum Federal Deposit Insurance Corporation (“FDIC”) coverage, and have original maturity dates of three months or less. As of March 31, 2012 and December 31, 2011, bank balances totaling approximately $12.6 million and $3.3 million, respectively, were uninsured.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">7.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Short-Term Investments </td> </tr> </table> Short-term investments consist of U.S. government agency and government sponsored enterprise obligations. The Company accounts for these short-term investments as required by FASB ASC Topic No. 320, Investments-Debt and Equity Securities. These debt and equity securities are not classified as either held-to-maturity securities or trading securities. As such, they are classified as available-for-sale securities. Available-for-sale securities are recorded at fair value, with unrealized gains or losses recorded as a separate component of accumulated other comprehensive income in stockholders’ equity until realized. Available-for-sale securities with contractual maturities of less than 12 months were as follows (in thousands):   <table cellspacing="0" cellpadding="0" width="100%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="52%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="10" nowrap="nowrap" align="center">March 31, 2012</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="10" nowrap="nowrap" align="center">December 31, 2011</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Fair value</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Amortized cost basis</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Net unrealized loss</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Fair value</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Amortized cost basis</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" nowrap="nowrap" align="center" style="border-bottom:1px solid #000000">Net unrealized loss</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> Corporate notes, bonds and paper </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">16,530</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">16,531</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(1</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">31,180</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">31,217</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(33</td> <td nowrap="nowrap" valign="bottom">) </td> </tr> <tr> <td valign="top"> Government securities </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">4,880</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">4,880</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">—  </td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">7,317</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">7,321</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(2</td> <td nowrap="nowrap" valign="bottom">) </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Total </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">21,410</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">21,411</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(1</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">38,497</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">38,538</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(35</td> <td nowrap="nowrap" valign="bottom">) </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr>  </table> There was a de minimis amount of realized gains recognized for the three months ended March 31, 2012.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">8.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Accounts Receivable </td> </tr> </table> The Company performs ongoing credit evaluations of its customers and generally does not require collateral. The Company maintains reserves for estimated credit losses, and those losses have been within management’s estimates. Allowances for product returns are included in other adjustments to accounts receivable on the accompanying consolidated balance sheets. Product returns are estimated based on historical experience and management estimations.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">9.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Inventories </td> </tr> </table> Inventories consist principally of compact disks (“CDs”), boxes and manuals and are stated at the lower of cost (determined by the first-in, first-out method) or market. The Company regularly reviews its inventory quantities on hand and records a provision for excess and obsolete inventory based primarily on management’s forecast of product demand and production requirements. At March 31, 2012, our net inventory balance consisted of approximately $0.2 million of assembled products and $0.1 million of components.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">10.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Equipment and Improvements </td> </tr> </table> Equipment and improvements are stated at cost. Depreciation is computed using the straight-line method based on the estimated useful lives of the assets, generally ranging from three to seven years. Leasehold improvements are amortized using the straight-line method over the shorter of the estimated useful life of the asset or the lease term.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">11.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Segment, Customer Concentration and Geographical Information </td> </tr> </table> Segment Information Public companies are required to report financial and descriptive information about their reportable operating segments as required by FASB ASC Topic No. 280, Segment Reporting. The Company has two primary business units based on how management internally evaluates separate financial information, business activities and management responsibility. Wireless includes our connection management, mobile VPN, media and content management, device management, Push-To-Talk, Visual Voicemail, Voicemail to Text, video content delivery and network traffic optimization solutions. Productivity & Graphics includes retail and direct sales of our compression and broad consumer-based software. “Corporate/Other” revenue includes the consulting portion of our services sector which has been de-emphasized and is no longer considered a strategic element of our future plans. The Company does not separately allocate operating expenses to these business units, nor does it allocate specific assets. Therefore, business unit information reported includes only revenues. The following table shows the revenues generated by each business unit (in thousands):   <table cellspacing="0" cellpadding="0" width="76%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="79%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="6" align="center">Three Months Ended March 31,</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2012</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2011</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="6" align="center">(unaudited)</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> Wireless </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">8,575</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">15,981</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> Productivity & Graphics </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,475</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,742</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Corporate/Other </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">64</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">68</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr> <td valign="top"> Total revenues </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">10,114</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">17,791</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr>  </table> Customer Concentration Sales to two customers and their respective affiliates in the Wireless business segment accounted for 32.1% and 25.7% of the Company’s total revenues for the three months ended March 31, 2012. Sales to four customers and their respective affiliates in the Wireless business segment accounted for 21.4%, 20.0%, 13.3% and 12.7% of the Company’s total revenues for the three months ended March 31, 2011. Geographical Information During the three months ended March 31, 2012 and 2011, the Company operated in three geographic locations; the Americas, Asia Pacific, and EMEA (Europe, the Middle East, and Africa). Revenues, attributed to the geographic location of the customer’s bill-to address, were as follows (in thousands):   <table cellspacing="0" cellpadding="0" width="76%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="80%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="6" align="center">Three Months Ended March 31,</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2012</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">2011</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="6" align="center">(unaudited)</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> Americas </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">8,684</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">16,457</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> EMEA </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">685</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">860</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Asia Pacific </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">745</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">474</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr> <td valign="top"> Total Revenues </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">10,114</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">17,791</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr>  </table> The Company does not separately allocate specific assets to these geographic locations.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">12.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Recent Accounting Pronouncements </td> </tr> </table> In December 2011, the FASB issued Accounting Standards Update (“ASU”) No. 2011-12, Comprehensive Income (Topic 220). The amendments in this Update supersede certain pending paragraphs in ASU No. 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income, to effectively defer only those changes in Update 2011-05 that relate to the presentation of reclassification adjustments out of accumulated other comprehensive income. The amendments will be temporary to allow the Board time to redeliberate the presentation requirements for reclassifications out of accumulated other comprehensive income for annual and interim financial statements for public, private, and non-profit entities. In June 2011, the FASB issued ASU No. 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income. Under the amendments to this Update, an entity has the option to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. The Company has implemented this guidance in this Form 10-Q. In May 2011, the FASB issued ASU No. 2011-04, Fair Value Measurements and Disclosures (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. The amendments in this Update result in common fair value measurement and disclosure requirements in U.S. GAAP and IFRSs. Consequently, the amendments change the wording used to describe many of the requirements in U.S. GAAP for measuring fair value and for disclosing information about fair value measurements. The Company has implemented this guidance and its adoption has not had an impact on its consolidated results of operations and financial condition.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">13.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Commitments and Contingencies </td> </tr> </table> Leases The Company leases its buildings under non-cancellable operating leases that expire on various dates through 2022. Future minimum annual lease payments under such leases as of March 31, 2012 are as follows (in thousands):   <table cellspacing="0" cellpadding="0" width="68%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="87%"> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom" nowrap="nowrap"> Year Ending December 31, </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Operating</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> 2012-9 months </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,931</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> 2013 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2,612</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> 2014 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2,607</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> 2015 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2,425</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> 2016 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2,130</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> 2017 </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,787</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Beyond </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">6,314</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr> <td valign="top"> Total </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">19,806</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr>  </table> Rent expense under operating leases was $0.7 million for both three months ended March 31, 2012 and 2011. As a condition of our new lease in Pittsburgh, the landlord agreed to incentives of $40.00 per square foot, or a total of $2.2 million, for improvements to the space. These costs have been included in deferred rent in our long-term liabilities and are being amortized over the remaining lease term. Pennsylvania Opportunity Grant Program On September 26, 2011, we received $1.0 million from the State of Pennsylvania to help fund our agreement to start-up a new facility. The grant carries with it an obligation, or commitment, to employ at least 232 people within a three-year time period. This grant contains conditions that would require us to return a pro-rata amount of the monies received if we fail to meet these conditions. As such, the monies have been recorded as a liability in the long-term liabilities line item on the balance sheet until we are irrevocably entitled to retain the monies. Litigation On June 29, 2011, a complaint was filed in the U.S. District Court for the Central District of California against us and certain of our current officers on behalf of certain purchasers of our common stock. The complaint has been brought as a purported stockholder class action, and, in general, includes allegations that we and certain of our officers violated federal securities laws by making materially false and misleading statements regarding our business prospects and financial results, thereby artificially inflating the price of our common stock. The plaintiff is seeking unspecified monetary damages and other relief. On August 29, 2011, two prospective lead plaintiffs filed motions for appointment of lead plaintiff and for appointment of lead counsel. On October 17, 2011, the court appointed the two prospective lead plaintiffs as co-lead plaintiffs and their respective counsel as co-lead counsel. On December 15, 2011, the co-lead plaintiffs filed their consolidated amended complaint. On February 14, 2012, defendants filed a motion to dismiss the consolidated amended complaint. Plaintiffs’ opposition was filed on April 2, 2012, and defendants’ filed a reply on May 1, 2012. A hearing on the motion to dismiss has been set for May 21, 2012. We intend to vigorously defend against the claims advanced. On August 11, 2011, a shareholder derivative complaint was filed in the Superior Court of California for the County of Orange against the Company’s directors and certain of its executive officers. Thereafter, two additional similar complaints, also styled as shareholder derivative actions, were filed in state court (collectively, the “State Derivative Actions”). On December 23, 2011, one of the plaintiffs in the State Derivative Actions filed a motion to consolidate the State Derivative Actions and to appoint lead counsel. On February 14, 2012, the two other plaintiffs filed an opposition to this motion, and, on March 7, 2012, they filed their own motion to consolidate and appoint lead counsel. On March 29, 2012, the Court heard the motions, consolidated the three State Derivative Actions, and appointed lead counsel. On May 1, 2012, the Court held an initial Case Management Conference in the consolidated State Derivative Action, at which the Court approved the parties’ stipulation to stay the State Derivative Action pending full resolution of all motions to dismiss in the federal stockholder class action. Should the stay of the State Derivative Actions be lifted upon full resolution of all motions to dismiss in the federal stockholder class action, we expect plaintiffs to file an amended shareholder derivative complaint. On September 12, 2011, a shareholder derivative complaint was filed in the U.S. District Court for the Central District of California against certain of the officers and directors named in the State Derivative Actions but also against additional officers of the Company. Thereafter, two additional similar complaints, also styled as shareholder derivative actions, were filed in federal court (collectively, the “Federal Derivative Actions”). On December 6, 2011, the federal court consolidated the first two filed Federal Derivative Actions and appointed co-lead counsel for plaintiffs. On January 9, 2012, the plaintiff for the third filed federal derivative action requested dismissal of the third filed complaint, which the federal court granted on January 11, 2012. On January 27, 2012, plaintiffs in the Federal Derivative Actions filed their consolidated shareholder derivative complaint. On March 30, 2012, defendants filed a motion to dismiss the consolidated complaint. Plaintiff’s opposition is due May 14, 2012, and defendants’ reply is due June 15, 2012. A hearing on the motion to dismiss has been set for July 16, 2012. Collectively, the State Derivative Actions and the Federal Derivative Actions are referred to as the “Derivative Actions.” The shareholder derivative complaints in the Derivative Actions allege breaches of fiduciary duties by the defendants and other violations of state law. In general, the complaints in the Derivative Actions allege that the Company’s directors and certain of its officers caused or allowed for the dissemination of materially false and misleading statements regarding our business prospects and financial results, thereby artificially inflating the price of our common stock. Plaintiffs in the Derivative Actions seek unspecified monetary damages and other relief, including reforms and improvements to the Company’s corporate governance and internal procedures. We intend to vigorously defend against the claims advanced in the Derivative Actions, and intend to file demurrers and/or motion(s) to dismiss the shareholder derivative complaints in the Derivative Actions. The Company is and may become involved in various other legal proceedings arising from its business activities. While management does not believe the ultimate disposition of these matters will have a material adverse impact on the Company’s consolidated results of operations, cash flows or financial position, litigation is inherently unpredictable, and depending on the nature and timing of these proceedings, an unfavorable resolution could materially affect the Company’s future consolidated results of operations, cash flows or financial position in a particular period.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">14.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Income Taxes </td> </tr> </table> We account for income taxes as required by FASB ASC Topic No. 740, Income Taxes. This Topic clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Topic also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. In the event the future consequences of differences between financial reporting bases and the tax bases of the Company’s assets and liabilities result in a deferred tax asset, we are required to evaluate the probability of being able to realize the future benefits indicated by such asset. The Company records a valuation allowance to reduce any deferred tax assets by the amount of any tax benefits that, based on available evidence and judgment, are not expected to be realized. The Company assesses whether a valuation allowance should be recorded against its deferred tax assets based on the consideration of all available evidence, using a “more likely than not” realization standard. The four sources of taxable income that must be considered in determining whether deferred tax assets will be realized are: (1) future reversals of existing taxable temporary differences (i.e., offset of gross deferred tax assets against gross deferred tax liabilities); (2) taxable income in prior carryback years, if carryback is permitted under the applicable tax law; (3) tax planning strategies and (4) future taxable income exclusive of reversing temporary differences and carryforwards. In assessing whether a valuation allowance is required, significant weight is to be given to evidence that can be objectively verified. A significant factor in the Company’s assessment is that the Company is in a three-year historical cumulative loss as of the end of fiscal 2011. This fact, combined with uncertain near-term market and economic conditions, reduced the Company’s ability to rely on projections of future taxable income in assessing the realizability of its deferred tax assets. After a review of the four sources of taxable income as of December 31, 2011 (as described above), and after consideration of the Company’s three-year cumulative loss position as of December 31, 2011, the Company recorded a valuation allowance related to its U.S.-based deferred tax amounts, with a corresponding charge to income tax expense, of $53.2 million during the year ended December 31, 2011. We recorded income tax expense of $0.1 million for the three months ended March 31, 2012. We recorded an income tax benefit of $5.2 million for the three months ended March 31, 2011. The effective tax rate for the three months ended March 31, 2012 only reflects state income tax minimums and foreign income taxes since we are unable to record and utilize any income tax benefits. The effective tax rate for the three months ended March 31, 2011 was 40%, primarily due to the ability to claim income tax benefits for state and R&D tax credits. We may from time to time be assessed interest or penalties by major tax jurisdictions, although any such assessments historically have been minimal and immaterial to our financial results. It is the Company’s policy to classify any interest and/or penalties in the financial statements as a component of general and administrative expense. In March 2011, the Internal Revenue Service began its examination of the Company’s U.S. federal tax return for the year ended December 31, 2008. The exam was completed on April 13, 2012 with no changes being made to our reported taxes.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">15.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Restructuring Expenses </td> </tr> </table> In October 2011, we announced a material Restructuring Plan that was approved by our Board of Directors resulting in charges of $2.2 million in the fourth quarter of fiscal year 2011. This Restructuring Plan involved a realignment of organizational structures, facility consolidations/closures and headcount reductions that will amount to approximately 20% of the Company’s worldwide workforce. The Restructuring Plan was implemented primarily during the fourth quarter of the Company’s 2011 fiscal year. Of the total charges, all but approximately $0.4 million will be cash expenditures. In February 2012, we undertook an additional restructuring that included a further reduction of headcount of 7-8% and other cost reductions that will result in annualized savings of approximately $7.0M. One-time employee termination and other costs resulted in additional restructuring expenses of $0.3 million recorded in the period ended March 31, 2012. The following is the activity in our restructuring liability account which is included in the accrued liabilities line item on the balance sheet for the period ended March 31, 2012 (in thousands):   <table cellspacing="0" cellpadding="0" width="92%" border="0" style="border-collapse:collapse; text-align: left" align="center">  <tr> <td width="57%"> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="7%"> </td> <td> </td> <td> </td> <td> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center">December 31, 2011</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td colspan="2" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td colspan="2" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center">March 31, 2012</td> <td valign="bottom"> </td> </tr> <tr> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Balance</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Provision</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Usage</td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" colspan="2" align="center" style="border-bottom:1px solid #000000">Balance</td> <td valign="bottom"> </td> </tr>   <tr bgcolor="#cceeff"> <td valign="top"> One-time employee termination benefits </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,101</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">190</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(914</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">377</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr> <td valign="top"> Lease/rental terminations </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">448</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">5</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(262</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">191</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr bgcolor="#cceeff"> <td valign="top"> Relocation, move, other expenses </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">116</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">139</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(48</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">207</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr> <tr> <td valign="top"> Total </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">1,665</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">334</td> <td nowrap="nowrap" valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">(1,224</td> <td nowrap="nowrap" valign="bottom">) </td> <td valign="bottom"> </td> <td valign="bottom">$</td> <td valign="bottom" align="right">775</td> <td nowrap="nowrap" valign="bottom"> </td> </tr> <tr style="font-size:1px"> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom">   </td> <td valign="bottom">   </td> <td> </td> </tr>  </table> Of the remaining balance in the restructuring reserve, all but $0.1 million is estimated to be used during the fiscal quarter ending June 30, 2012.

<table style="border-collapse:collapse; text-align: left" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="3%" valign="top" align="left">16.</td> <td width="1%" valign="top"> </td> <td align="left" valign="top">Subsequent Events </td> </tr> </table> The Company evaluates and discloses subsequent events as required by ASC Topic No. 855, Subsequent Events. The Topic establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before the financial statements are issued or are available to be issued. Subsequent events have been evaluated as of the date of this filing and no further disclosures were required.

EX-101.SCH 6 smsi-20120331.xsd XBRL TAXONOMY EXTENSION SCHEMA 00 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 01 - Statement - Consolidated Balance Sheets link:presentationLink link:definitionLink link:calculationLink 011 - Statement - Consolidated Balance Sheets (Parenthetical) link:presentationLink link:definitionLink link:calculationLink 02 - Statement - Consolidated Statements of Comprehensive Loss (Unaudited) link:presentationLink link:definitionLink link:calculationLink 03 - Statement - Consolidated Statement of Stockholders' Equity link:presentationLink link:definitionLink link:calculationLink 04 - Statement - Consolidated Statements of Cash Flows (Unaudited) link:presentationLink link:definitionLink link:calculationLink 06001 - Disclosure - The Company link:presentationLink link:definitionLink link:calculationLink 06002 - Disclosure - Basis of Presentation link:presentationLink link:definitionLink link:calculationLink 06003 - Disclosure - Net Income (Loss) Per Share link:presentationLink link:definitionLink link:calculationLink 06004 - Disclosure - Stock-Based Compensation link:presentationLink link:definitionLink link:calculationLink 06005 - Disclosure - Fair Value of Financial Instruments link:presentationLink link:definitionLink link:calculationLink 06006 - Disclosure - Cash and Cash Equivalents link:presentationLink link:definitionLink link:calculationLink 06007 - Disclosure - Short-Term Investments link:presentationLink link:definitionLink link:calculationLink 06008 - Disclosure - Accounts Receivable link:presentationLink link:definitionLink link:calculationLink 06009 - Disclosure - Inventories link:presentationLink link:definitionLink link:calculationLink 06010 - Disclosure - Equipment and Improvements link:presentationLink link:definitionLink link:calculationLink 06011 - Disclosure - Segment, Customer Concentration and Geographical Information link:presentationLink link:definitionLink link:calculationLink 06012 - Disclosure - Recent Accounting Pronouncements link:presentationLink link:definitionLink link:calculationLink 06013 - Disclosure - Commitments and Contingencies link:presentationLink link:definitionLink link:calculationLink 06014 - Disclosure - Income Taxes link:presentationLink link:definitionLink link:calculationLink 06015 - Disclosure - Restructuring Expenses link:presentationLink link:definitionLink link:calculationLink 06016 - Disclosure - Subsequent Events link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 7 smsi-20120331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 8 smsi-20120331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 9 smsi-20120331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Document and Entity Information [Abstract] Statement, Equity Components [Axis] Equity Component [Domain] Current assets: Assets, Current [Abstract] Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Short-term investments Available-for-sale Securities, Debt Securities, Current Accounts receivable, net of allowances for doubtful accounts and other adjustments of $1,121 (2012) and $1,382 (2011) Accounts Receivable, Net, Current Allowances for doubtful accounts receivable Allowance for Doubtful Accounts Receivable, Current Income tax receivable Income Taxes Receivable, Current Inventories, net of reserves for excess and obsolete inventory of $436 (2012) and $417 (2011) Inventory, Net Reserves for excess and obsolete inventory Inventory Valuation Reserves Prepaid expenses and other current assets Prepaid Expense and Other Assets, Current Deferred tax asset Deferred Tax Assets, Net, Current Total current assets Assets, Current, Total Total current assets Equipment and improvements, net Property, Plant and Equipment, Net Other assets Other Assets, Noncurrent Total assets Assets, Total Total assets Liabilities and Stockholders' Equity Liabilities and Equity [Abstract] Current liabilities: Liabilities, Current [Abstract] Accounts payable Accounts Payable, Current Accrued liabilities Accrued Liabilities, Current Deferred revenue Deferred Revenue, Current Total current liabilities Liabilities, Current, Total Total current liabilities Non-current liabilities: Liabilities, Noncurrent [Abstract] Long-term liabilities Long-term Debt and Capital Lease Obligations Deferred tax liability Deferred Tax Liabilities, Noncurrent Total non-current liabilities Liabilities, Noncurrent, Total Total non-current liabilities Commitments and contingencies Commitments and Contingencies Stockholders' equity: Stockholders' Equity Attributable to Parent [Abstract] Preferred stock, par value $0.001 per share; 5,000,000 shares authorized; none issued or outstanding Preferred Stock, Value, Issued Preferred stock, par value Preferred Stock, Par or Stated Value Per Share Preferred stock, shares authorized Preferred Stock, Shares Authorized Preferred stock, shares issued Preferred Stock, Shares Issued Preferred stock, shares outstanding Preferred Stock, Shares Outstanding Common stock, par value $0.001 per share; 50,000,000 shares authorized; 36,123,317 and 35,611,976 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively Common Stock, Value, Issued Common stock, par value Common Stock, Par or Stated Value Per Share Common Stock, Shares Authorized Common Stock, Shares Authorized Common stock, shares issued Common Stock, Shares, Issued Common stock, shares outstanding Common Stock, Shares, Outstanding Additional paid-in capital Additional Paid in Capital, Common Stock Accumulated comprehensive deficit Accumulated Other Comprehensive Income (Loss), Net of Tax Total stockholders' equity Stockholders' Equity Attributable to Parent, Total Total stockholders' equity Total liabilities and stockholders' equity Liabilities and Equity, Total Total liabilities and stockholders' equity Revenues Revenue, Net Cost of revenues Cost of Goods and Services Sold Gross profit Gross Profit Gross profit Operating expenses: Operating Expenses [Abstract] Selling and marketing Selling and Marketing Expense Research and development Research and Development Expense General and administrative General and Administrative Expense Restructuring expenses Restructuring Charges Total operating expenses Operating Expenses, Total Total operating expenses Operating loss Operating Income (Loss) Operating loss Interest and other income, net Nonoperating Income (Expense) Loss before provision for income taxes Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest Loss before provision for income taxes Provision for income tax expense (benefit) Income Tax Expense (Benefit) Net loss Net Income (Loss) Attributable to Parent Net loss Other comprehensive income, before tax: Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] Unrealized holding gains on available-for-sale securities Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, before Tax Income tax expense related to items of other comprehensive income Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax Other comprehensive income, net of tax Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax Other comprehensive income, net of tax Comprehensive loss Comprehensive Income (Loss), Net of Tax, Attributable to Parent Comprehensive loss Net Income (Loss) Per Share [Abstract] Net loss per share: Basic and diluted Earnings Per Share, Basic and Diluted Weighted average shares outstanding: Weighted Average Number of Shares Outstanding, Diluted [Abstract] Weighted Average Shares Outstanding Basic and Diluted Basic and diluted Basic and diluted Statement [Table] Statement [Line Items] Common stock BALANCE, December 31, 2011, shares Shares, Issued Beginning balance, shares Beginning balance Additional paid-in capital Accumulated comprehensive deficit Exercise of common stock options, shares Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period Exercise of common stock options Stock Issued During Period, Value, Stock Options Exercised Non cash compensation recognized on stock options and ESPP Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition Restricted stock grants, net of cancellations, shares Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures Restricted stock grants, net of cancellations Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures Adjustments Related to Tax Withholding for Share Based Compensation Shares Cancellation of shares for payment of withholding tax, shares Cancellation of shares for payment of withholding tax, shares Cancellation of shares for payment of withholding tax, shares Cancellation of shares for payment of withholding tax Adjustments Related to Tax Withholding for Share-based Compensation Cancellation of shares for payment of withholding tax Employee stock purchase plan (ESPP), shares Stock Issued During Period, Shares, Employee Stock Purchase Plans Employee stock purchase plan (ESPP) Stock Issued During Period, Value, Employee Stock Purchase Plan Shares repurchased and cancelled, shares Stock Repurchased and Retired During Period, Shares Shares repurchased and cancelled, shares Shares repurchased and cancelled Stock Repurchased and Retired During Period, Value Shares repurchased and cancelled Comprehensive loss Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Ending balance, shares Ending balance Operating activities: Net Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Depreciation and amortization Depreciation, Depletion and Amortization, Nonproduction Provision for doubtful accounts and other adjustments to accounts receivable Provision for Doubtful Accounts Provision for Excess and Obsolete Inventory Provision for excess and obsolete inventory Provision for excess and obsolete inventory Excess tax benefits from stock-based compensation Excess Tax Benefit from Share-based Compensation, Operating Activities Excess tax benefits from stock-based compensation Non-cash compensation related to stock options and restricted stock Share-based Compensation Change in operating accounts: Increase (Decrease) in Operating Capital [Abstract] Accounts receivable Increase (Decrease) in Accounts Receivable Accounts receivable Income tax receivable Increase (Decrease) in Income Taxes Receivable Income tax receivable Deferred taxes Deferred Income Tax Expense (Benefit) Inventories Increase (Decrease) in Inventories Inventories Prepaid expenses and other assets Increase (Decrease) in Prepaid Expense and Other Assets Prepaid expenses and other assets Accounts payable and accrued liabilities Increase (Decrease) in Accounts Payable and Accrued Liabilities Net cash used in operating activities Net Cash Provided by (Used in) Operating Activities Net cash used in operating activities Investing activities: Net Cash Provided by (Used in) Investing Activities [Abstract] Capital expenditures Payments to Acquire Productive Assets Capital expenditures Proceeds from (purchase of) short-term investments Payments for (Proceeds from) Short-term Investments Proceeds from (purchase of) short-term investments Net cash provided by (used in) investing activities Net Cash Provided by (Used in) Investing Activities Net cash provided by (used in) investing activities Financing activities: Net Cash Provided by (Used in) Financing Activities [Abstract] Excess tax benefits from stock-based compensation Excess Tax Benefit from Share-based Compensation, Financing Activities Cash received from stock sale for employee stock purchase plan Proceeds from Stock Plans Cash received from exercise of stock options Proceeds from Stock Options Exercised Repurchase of common stock Payments for Repurchase of Common Stock Repurchase of common stock Net cash provided by (used in) financing activities Net Cash Provided by (Used in) Financing Activities Net cash provided by (used in) financing activities Net increase (decrease) in cash and cash equivalents Cash and Cash Equivalents, Period Increase (Decrease) Net increase (decrease) in cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period Supplemental disclosures of cash flow information: Supplemental Cash Flow Information [Abstract] Cash paid for income taxes Income Taxes Paid The Company Nature of Operations [Text Block] The Company and Basis of Presentation [Abstract] The Company and Basis of Presentation [Abstract] Basis of Presentation Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] Net Income (Loss) Per Share Earnings Per Share [Text Block] Stock-Based Compensation Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Stock-Based Compensation [Abstract] Stock-Based Compensation [Abstract] Fair Value of Financial Instruments Fair Value Disclosures [Text Block] Fair Value of Financial Instruments [Abstract] Fair Value of Financial Instruments [Abstract] Cash and Cash Equivalents Cash and Cash Equivalents Disclosure [Text Block] Cash and Cash Equivalents [Abstract] Cash and Cash Equivalents [Abstract] Short-Term Investments Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] Short-Term Investments [Abstract] Short-Term Investments [Abstract] Accounts Receivable Loans, Notes, Trade and Other Receivables Disclosure [Text Block] Accounts Receivable [Abstract] Accounts Receivable [Abstract] Inventories Inventory Disclosure [Text Block] Inventories [Abstract] Inventories [Abstract] Equipment and Improvements Property, Plant and Equipment Disclosure [Text Block] Equipment and Improvements [Abstract] Equipment and Improvements [Abstract] Segment, Customer Concentration and Geographical Information Segment Reporting Disclosure [Text Block] Segment, Customer Concentration and Geographical Information [Abstract] Segment, Customer Concentration and Geographical Information [Abstract] Recent Accounting Pronouncements Description of New Accounting Pronouncements Not yet Adopted [Text Block] Recent Accounting Pronouncements [Abstract] Recent Accounting Pronouncements [Abstract] Commitments and Contingencies Commitments and Contingencies Disclosure [Text Block] Commitments and Contingencies [Abstract] Commitments and Contingencies [Abstract] Income Taxes Income Tax Disclosure [Text Block] Income Taxes [Abstract] Income Taxes [Abstract] Restructuring Expenses Restructuring and Related Activities Disclosure [Text Block] Restructuring Expenses [Abstract] Restructuring Expenses [Abstract] Subsequent Events Subsequent Events [Text Block] Subsequent Events [Abstract] Subsequent Events [Abstract] Amendment Flag Current Fiscal Year End Date Document Period End Date Document Type Entity Central Index Key Entity Common Stock, Shares Outstanding Entity Filer Category Entity Registrant Name Document Fiscal Period Focus Document Fiscal Year Focus Consolidated Balance Sheets [Abstract] Consolidated Statements of Comprehensive Loss [Abstract] Consolidated Statement of Stockholders' Equity [Abstract] Consolidated Statements of Cash Flows [Abstract] EX-101.PRE 10 smsi-20120331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 R9.htm IDEA: XBRL DOCUMENT

Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2012

Net Income (Loss) Per Share [Abstract]

Net Income (Loss) Per Share

Net Income (Loss) Per Share


	Three Months Ended March 31,
	2012			2011
	(unaudited, in thousands, except per share amounts)
Numerator:
Net loss available to common stockholders	$	(9,682	)	$	(7,753	)

Denominator:
Weighted average shares outstanding - basic		35,590			35,263
Potential common shares - options (treasury stock method)		—			—

Weighted average shares outstanding - diluted		35,590			35,263

Shares excluded (anti-dilutive)		40			429

Shares excluded due to an exercise price greater than weighted average stock price for the period		1,567			1,934

Net loss per common share:
Basic	($	0.27	)	($	0.22	)

Diluted	($	0.27	)	($	0.22	)

- Definition

The entire disclosure for earnings per share.

+ References+ Details

EXCEL 13 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`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`@/'@Z5V]R:W-H965T M4V]U#I%>&-E;%=O#I7;W)K#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DEN8V]M95]487AE#I.86UE/@T*("`@(#QX.E=O M#I%>&-E;%=O#I.86UE/E)E#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O6QE M#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O=&5C=%-T M#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D/@T*("`\ M8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D('=I=&@@ M36EC'1087)T7S$W938T-#0Q7S@X869?-#8R M8U]B,&4X7S0P8C8Q9C9B-F1C90T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO M+R]#.B\Q-V4V-#0T,5\X.&%F7S0V,F-?8C!E.%\T,&(V,68V8C9D8V4O5V]R M:W-H965T'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA'0^4TU)5$@@34E#4D\@4T]&5%=!4D4@24Y#/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$"!+97D\+W1D/@T*("`@("`@("`\=&0@8VQA'0^36%R(#,Q+`T*"0DR,#$R/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^ M9F%L'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^+2TQ,BTS,3QS<&%N/CPO3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q-V4V-#0T M,5\X.&%F7S0V,F-?8C!E.%\T,&(V,68V8C9D8V4-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO,3=E-C0T-#%?.#AA9E\T-C)C7V(P93A?-#!B-C%F M-F(V9&-E+U=O'0O:'1M;#L@8VAA"!R96-E:79A8FQE M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XW+#DT,3QS<&%N/CPO M&-E2!O9B`D-#,V("@R,#$R*2!A;F0@)#0Q-R`H,C`Q M,2D\+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E6%B;&4\+W1D/@T*("`@("`@("`\=&0@ M8VQA3PO M=&0^#0H@("`@("`@(#QT9"!C;&%S3PO=&0^ M#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q-V4V-#0T M,5\X.&%F7S0V,F-?8C!E.%\T,&(V,68V8C9D8V4-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO,3=E-C0T-#%?.#AA9E\T-C)C7V(P93A?-#!B-C%F M-F(V9&-E+U=O'0O:'1M;#L@8VAAF5D/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XU,"PP,#`L,#`P/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q-V4V-#0T,5\X.&%F7S0V M,F-?8C!E.%\T,&(V,68V8C9D8V4-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z M+R\O0SHO,3=E-C0T-#%?.#AA9E\T-C)C7V(P93A?-#!B-C%F-F(V9&-E+U=O M'0O:'1M M;#L@8VAA&-E<'0@4&5R(%-H87)E(&1A=&$L('5N;&5S'!E;G-E&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@Y+#4Y,BD\ M#H\+W-T'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S6UE M;G0@;V8@=VET:&AO;&1I;F<@=&%X+"!S:&%R97,\+W1D/@T*("`@("`@("`\ M=&0@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$#PO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S65E('-T;V-K('!U'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@ M8VAA'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$&-E"!R M96-E:79A8FQE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XS-3(\ M&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X M=#X\6%B;&4@86YD(&%C8W)U960@;&EA8FEL:71I97,\+W1D/@T* M("`@("`@("`\=&0@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$65E('-T;V-K('!U&5S M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XD(#DQ/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA2!A;F0@0F%S:7,@;V8@4')E6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA M;B<@'0M86QI9VXZ(&QE9G0G M(&)O2`\ M+V(^/"]F;VYT/CPO=&0^#0H@("`\+W1R/@T*("`@/"]T86)L93X-"B`@(#QP M('-T>6QE/3-$)VUA2P@2!S;V9T M=V%R92P@4VUI=&@@36EC6QE/3-$9F]N="US:7IE.C$X<'@[;6%R M9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^)B,Q-C`[/"]P/@T*/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@ M(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\Q-V4V-#0T M,5\X.&%F7S0V,F-?8C!E.%\T,&(V,68V8C9D8V4-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO,3=E-C0T-#%?.#AA9E\T-C)C7V(P93A?-#!B-C%F M-F(V9&-E+U=O'0O:'1M;#L@8VAA'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$&AT;6PQ+71R86YS:71I;VYA;"YD=&0B("TM M/@T*("`@/"$M+2!"96=I;B!";&]C:R!486=G960@3F]T92`R("T@=7,M9V%A M<#I/'1";&]C:RTM/@T*("`@ M/'1A8FQE('-T>6QE/3-$)V)OF4],T0R M/CQB/C(N/"]B/CPO9F]N=#X\+W1D/B`-"B`@(#QT9"!W:61T:#TS1#$E('9A M;&EG;CTS1'1O<#X\9F]N="!S:7IE/3-$,3XF(S$V,#L\+V9O;G0^/"]T9#X@ M#0H@("`\=&0@86QI9VX],T1L969T('9A;&EG;CTS1'1O<#X\9F]N="!S='EL M93TS1"=F;VYT+69A;6EL>3IT:6UEF4],T0R/CQB M/D)A6QE/3-$)VUA2!A2!I;F-L=61E9"!I;B!F:6YA;F-I86P@2!A8V-E<'1E9"!I;B!T:&4@56YI=&5D(%-T871E'0M:6YD96YT.C0E M)SX\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3IT:6UEF4],T0R/DEN('1H92!O<&EN:6]N(&]F(&UA;F%G96UE;G0L('1H92!A M8V-O;7!A;GEI;F<@=6YA=61I=&5D(&-O;G-O;&ED871E9"!F:6YA;F-I86P@ M65A28C,38P.S(W+"`R,#$R+B`\+V9O M;G0^/"]P/@T*("`@/'`@2!B86QA;F-E'0M:6YD96YT.C0E)SX\9F]N="!S='EL93TS1"=F;VYT+69A;6EL M>3IT:6UEF4],T0R/D]P97)A=&EN9R!R97-U;'1S M(&9O65A6QE/3-$9F]N="US:7IE.C$X<'@[;6%R9VEN+71O<#HP<'@[;6%R9VEN M+6)O='1O;3HP<'@^)B,Q-C`[/"]P/@T*/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\Q-V4V-#0T,5\X.&%F7S0V,F-?8C!E.%\T M,&(V,68V8C9D8V4-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO,3=E M-C0T-#%?.#AA9E\T-C)C7V(P93A?-#!B-C%F-F(V9&-E+U=O'0O:'1M;#L@8VAA'0^/"$M+41/ M0U194$4@:'1M;"!054),24,@(BTO+U&AT;6PQ+T14 M1"]X:'1M;#$M=')A;G-I=&EO;F%L+F1T9"(@+2T^#0H@("`\(2TM($)E9VEN M($)L;V-K(%1A9V=E9"!.;W1E(#,@+2!U'0M86QI9VXZ(&QE9G0G(&)O6QE/3-$)V9O;G0M9F%M:6QY M.G1I;65S(&YE=R!R;VUA;B<@2!&:6YA;F-I86P@06-C;W5N=&EN9R!3=&%N9&%R9',@ M0F]A2US=&]C:R!M971H;V0N($9O M2!T:&4@0V]M<&%N>2!A;F0@;W!T:6]N6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@ M6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@ M6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S M(&YE=R!R;VUA;B<@F4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@ M(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@F4],T0Q/B8C,38P M.SPO9F]N=#X\+W1D/@T*("`@/"]T6QE/3-$)VUA'0M:6YD96YT.BTQ+C`P96TG M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@ MF4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@ M(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@3IT:6UEF4],T0R/B@W+#6QE/3-$ M)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@F4Z,7!X/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^)B,Q-C`[/"]T M9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C,38P.SPO=&0^(`T*("`@ M/'1D('9A;&EG;CTS1&)O='1O;3X-"B`@(#QP('-T>6QE/3-$)V)O6QE/3-$)V)O'0M:6YD96YT.BTQ+C`P96TG/CQF;VYT('-T>6QE/3-$)V9O M;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@'0M:6YD96YT.BTQ+C`P96TG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@3IT:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B M;W1T;VT@86QI9VX],T1R:6=H=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL M>3IT:6UEF4],T0R/C,U+#4Y,#PO9F]N=#X\+W1D M/B`-"B`@(#QT9"!N;W=R87`],T1N;W=R87`@=F%L:6=N/3-$8F]T=&]M/CQF M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY M.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@'0M:6YD96YT.BTQ+C`P96TG/CQF;VYT('-T>6QE/3-$)V9O M;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@2!S=&]C:R!M971H M;V0I/"]F;VYT/CPO<#X-"B`@(#PO=&0^(`T*("`@/'1D('9A;&EG;CTS1&)O M='1O;3X\9F]N="!S:7IE/3-$,3XF(S$V,#L\+V9O;G0^/"]T9#X@#0H@("`\ M=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY M.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$ M)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R M;VUA;B<@6QE/3-$)V9O M;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY M.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V)O M6QE/3-$ M)V)O3IT:6UEF4] M,T0R/E=E:6=H=&5D(&%V97)A9V4@3IT:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D M/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#X\9F]N M="!S='EL93TS1"=F;VYT+69A;6EL>3IT:6UEF4] M,T0R/C,U+#4Y,#PO9F]N=#X\+W1D/B`-"B`@(#QT9"!N;W=R87`],T1N;W=R M87`@=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY M.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I M;65S(&YE=R!R;VUA;B<@6QE M/3-$9F]N="US:7IE.C%P>#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C M,38P.SPO=&0^(`T*("`@/'1D('9A;&EG;CTS1&)O='1O;3XF(S$V,#L\+W1D M/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^#0H@("`\<"!S='EL93TS1"=B M;W)D97(M=&]P.C-P>"!D;W5B;&4@(S`P,#`P,"<^)B,Q-C`[/"]P/@T*("`@ M/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*("`@/'`@"!D;W5B;&4@(S`P M,#`P,"<^)B,Q-C`[/"]P/@T*("`@/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$ M8F]T=&]M/@T*("`@/'`@3IT:6UEF4],T0R/E-H M87)E&-L=61E9"`H86YT:2UD:6QU=&EV92D\+V9O;G0^/"]P/@T*("`@ M/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-I>F4],T0Q M/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^ M/&9O;G0@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I M;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$9F]N="US:7IE.C%P>#X@#0H@("`\=&0@ M=F%L:6=N/3-$8F]T=&]M/B8C,38P.SPO=&0^(`T*("`@/'1D('9A;&EG;CTS M1&)O='1O;3XF(S$V,#L\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^ M#0H@("`\<"!S='EL93TS1"=B;W)D97(M=&]P.C-P>"!D;W5B;&4@(S`P,#`P M,"<^)B,Q-C`[/"]P/@T*("`@/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T M=&]M/@T*("`@/'`@F4],T0R M/E-H87)E&-L=61E9"!D=64@=&\@86X@97AEF4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`- M"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY M.G1I;65S(&YE=R!R;VUA;B<@3IT:6UEF4] M,T0R/B8C,38P.SPO9F]N=#X\+W1D/@T*("`@/"]TF4Z,7!X/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^ M)B,Q-C`[/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C,38P.SPO M=&0^(`T*("`@/'1D('9A;&EG;CTS1&)O='1O;3X-"B`@(#QP('-T>6QE/3-$ M)V)O6QE/3-$)V)O'0M:6YD96YT.BTQ+C`P96TG/CQF;VYT('-T M>6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@F4],T0Q/B8C M,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^)B,Q M-C`[/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C,38P.SPO=&0^ M(`T*("`@/'1D('9A;&EG;CTS1&)O='1O;3XF(S$V,#L\+W1D/B`-"B`@(#QT M9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@F4],T0R M/D)A6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V)O6QE/3-$)V)O6QE/3-$)VUA6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S M(&YE=R!R;VUA;B<@6QE/3-$)V9O M;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V)O6QE/3-$)V)OF4Z,3AP>#MM87)G:6XM=&]P.C!P>#MM87)G M:6XM8F]T=&]M.C!P>#XF(S$V,#L\+W`^#0H\'0O:F%V87-C M3X-"B`@("`\=&%B;&4@ M8VQA6UE;G1S5&5X=$)L;V-K+2T^ M#0H@("`\=&%B;&4@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@F4],T0Q/B8C,38P.SPO9F]N=#X\ M+W1D/B`-"B`@(#QT9"!A;&EG;CTS1&QE9G0@=F%L:6=N/3-$=&]P/CQF;VYT M('-T>6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@#MM87)G:6XM8F]T=&]M.C!P>#X\9F]N="!S='EL93TS1"=F M;VYT+69A;6EL>3IT:6UEF4],T0R/CQI/E-T;V-K M(%!L86YS(#PO:3X\+V9O;G0^/"]P/@T*("`@/'`@'0M:6YD96YT.C0E)SX\ M9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3IT:6UEF4],T0R/@T*("`@3VX@2G5L>28C,38P.S(X+"8C,38P.S(P,#4L(&]U'0M:6YD96YT.C0E)SX\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3IT M:6UEF4],T0R/E1H92`R,#`U(%!L86X@<')O=FED M97,@9F]R('1H92!I65E65E#0H@("!M96UB97)S(&]F('1H92!B;V%R M9"!A;F0@8V]N&5R8VES92!P2!B92!E>&5R8VES86)L92!I M;6UE9&EA=&5L>2!O'!E;G-E9"!O=F5R M('1H90T*("`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`@/&D^5F%L=6%T:6]N(&]F($534%`@ M/"]I/CPO9F]N=#X\+W`^#0H@("`\<"!S='EL93TS1"=M87)G:6XM=&]P.C9P M>#MM87)G:6XM8F]T=&]M.C!P>#L@=&5X="UI;F1E;G0Z-"4G/CQF;VYT('-T M>6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@2!Y:65L M9"!C=7)V92!I;@T*("`@969F96-T(&%T('1H92!T:6UE(&]F(&=R86YT+B!% M>'!E8W1E9"!V;VQA=&EL:71Y('=A"!S;VQI9"`C,#`P,#`P.W=I9'1H.C0P<'0G/CQF M;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@F4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX] M,T1B;W1T;VT@8V]L6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R M;VUA;B<@F4],T0Q/B8C,38P.SPO9F]N M=#X\+W1D/@T*("`@/"]T6QE/3-$)VUAF4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V M86QI9VX],T1B;W1T;VT^/&9O;G0@3IT:6UEF4],T0R/B4F(S$V,#L\+V9O;G0^/"]T9#X@#0H@("`\ M=&0@=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-I>F4],T0Q/B8C,38P.SPO9F]N M=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@3IT:6UEF4],T0R/B4F(S$V,#L\ M+V9O;G0^/"]T9#X-"B`@(#PO='(^(`T*("`@/'1R/B`-"B`@(#QT9"!V86QI M9VX],T1T;W`^#0H@("`\<"!S='EL93TS1"=M87)G:6XM;&5F=#HQ+C`P96T[ M('1E>'0M:6YD96YT.BTQ+C`P96TG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@6EE;&0\+V9O;G0^/"]P/@T*("`@/"]T9#X@#0H@("`\=&0@=F%L:6=N M/3-$8F]T=&]M/CQF;VYT('-I>F4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`- M"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@F4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI M9VX],T1B;W1T;VT^/&9O;G0@'0M:6YD96YT.BTQ+C`P96TG/CQF;VYT('-T>6QE M/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@'!E8W1E9"!L:69E("AY96%RF4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B M;W1T;VT^/&9O;G0@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@ M6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@3IT M:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D/@T* M("`@/"]T6QE/3-$)VUA3IT:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V M86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#X\9F]N="!S='EL93TS1"=F M;VYT+69A;6EL>3IT:6UEF4],T0R/C$P-2XP/"]F M;VYT/CPO=&0^(`T*("`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`^#0H@("`\=&%B;&4@8V5L;'-P86-I;F<],T0P(&-E;&QP M861D:6YG/3-$,"!W:61T:#TS1#6QE/3-$)V)O MF4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B M;W1T;VT^/&9O;G0@6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O M;3HP<'@@86QI9VX],T1C96YT97(^/&9O;G0@#MM87)G:6XM8F]T=&]M.C%P M>"!A;&EG;CTS1&-E;G1E3IT M:6UEF4],T0Q/BAU;F%U9&ET960I/"]F;VYT/CPO M<#X-"B`@(#PO=&0^(`T*("`@/'1D('9A;&EG;CTS1&)O='1O;3X\9F]N="!S M:7IE/3-$,3XF(S$V,#L\+V9O;G0^/"]T9#X-"B`@(#PO='(^(`T*("`@/'1R M/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@6QE/3-$ M)V)O6QE M/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@ M2`M+3X-"B`@(#QT3IT:6UEF4],T0R/D-O MF4],T0Q/B8C,38P.SPO9F]N=#X\ M+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@ M6QE/3-$)V9O;G0M9F%M:6QY M.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@3IT:6UEF4],T0R/C$W/"]F;VYT/CPO=&0^(`T*("`@/'1D(&YO M=W)A<#TS1&YO=W)A<"!V86QI9VX],T1B;W1T;VT^/&9O;G0@'0M:6YD96YT.BTQ+C`P96TG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@F4],T0Q/B8C,38P M.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@ M3IT:6UEF4],T0R/B8C M,38P.SPO9F]N=#X\+W1D/@T*("`@/"]T6QE M/3-$)VUAF4] M,T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T M;VT^/&9O;G0@3IT:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B M;W1T;VT^/&9O;G0@3IT:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D M/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#X\9F]N M="!S='EL93TS1"=F;VYT+69A;6EL>3IT:6UEF4] M,T0R/C4P-3PO9F]N=#X\+W1D/B`-"B`@(#QT9"!N;W=R87`],T1N;W=R87`@ M=F%L:6=N/3-$8F]T=&]M/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.G1I M;65S(&YE=R!R;VUA;B<@3IT:6UEF4],T0R/D=E;F5R86P@86YD(&%D;6EN:7-T6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S M(&YE=R!R;VUA;B<@6QE M/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@F4],T0Q/B8C,38P.SPO9F]N=#X\ M+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@6QE/3-$)V9O M;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@F4],T0R M/E)EF4],T0Q/B8C,38P M.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@ MF4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX] M,T1B;W1T;VT^/&9O;G0@6QE/3-$9F]N="US:7IE.C%P>#X@ M#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C,38P.SPO=&0^(`T*("`@/'1D M('9A;&EG;CTS1&)O='1O;3XF(S$V,#L\+W1D/B`-"B`@(#QT9"!V86QI9VX] M,T1B;W1T;VT^#0H@("`\<"!S='EL93TS1"=B;W)D97(M=&]P.C%P>"!S;VQI M9"`C,#`P,#`P)SXF(S$V,#L\+W`^#0H@("`\+W1D/B`-"B`@(#QT9"!V86QI M9VX],T1B;W1T;VT^#0H@("`\<"!S='EL93TS1"=B;W)D97(M=&]P.C%P>"!S M;VQI9"`C,#`P,#`P)SXF(S$V,#L\+W`^#0H@("`\+W1D/B`-"B`@(#QT9#XF M(S$V,#L\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^)B,Q-C`[/"]T M9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*("`@/'`@'0M:6YD96YT.BTQ+C`P96TG/CQF;VYT M('-T>6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@F4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V M86QI9VX],T1B;W1T;VT^/&9O;G0@6QE/3-$ M)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@3IT:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V M86QI9VX],T1B;W1T;VT^/&9O;G0@3IT:6UEF4],T0R/B0\+V9O;G0^ M/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V)O6QE/3-$)V)O6UE;G0@;V8@:6YC;VUE('1A>&5S(')E;&%T960@=&\@9W)A;G1S#0H@("!O M9B!R97-T6QE/3-$;6%R9VEN+71O<#HP<'@[;6%R9VEN+6)O='1O;3HP<'@^/&9O;G0@ M'0M M:6YD96YT.C0E)SX\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3IT:6UEF4],T0R/@T*("`@02!S=6UM87)Y(&]F('1H92!#;VUP M86YY)B,X,C$W.W,@6QE/3-$)V)OF4],T0Q M/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^ M/&9O;G0@"!S;VQI9"`C,#`P,#`P)SX\9F]N="!S M='EL93TS1"=F;VYT+69A;6EL>3IT:6UEF4],T0Q M/CQB/E-H87)EF4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@ M(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@3IT:6UE MF4],T0Q/CQB/E=E:6=H=&5D)B,Q-C`[079E+CQB M6QE/3-$)V)O6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@3IT:6UEF4],T0Q/CQB/BAI;B!T:&]UF4],T0Q/B8C,38P.SPO M9F]N=#X\+W1D/@T*("`@/"]T6QE/3-$)VUA6QE/3-$)V9O;G0M M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@ M3IT:6UEF4],T0R/B8C,38P.SPO9F]N=#X\ M+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@3IT:6UEF4],T0R/B0\+V9O;G0^/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M M(&%L:6=N/3-$6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@'0M:6YD96YT.BTQ+C`P96TG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY M.G1I;65S(&YE=R!R;VUA;B<@3IT M:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D/B`- M"B`@(#QT9"!V86QI9VX],T1B;W1T;VT@86QI9VX],T1R:6=H=#X\9F]N="!S M='EL93TS1"=F;VYT+69A;6EL>3IT:6UEF4],T0R M/B8C.#(Q,CLF(S$V,#LF(S$V,#L\+V9O;G0^/"]T9#X@#0H@("`\=&0@;F]W M3IT:6UEF4],T0R/B8C,38P.SPO M9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^/&9O;G0@3IT:6UEF4],T0R/B0\+V9O;G0^/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$ M8F]T=&]M(&%L:6=N/3-$F4],T0Q/B8C,38P.SPO9F]N M=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^)B,Q-C`[/"]T9#X@ M#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C,38P.SPO=&0^(`T*("`@/'1D M('9A;&EG;CTS1&)O='1O;3XF(S$V,#L\+W1D/@T*("`@/"]T6QE/3-$)VUAF4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI M9VX],T1B;W1T;VT^/&9O;G0@6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R M;VUA;B<@3IT:6UEF4],T0R/B0\+V9O;G0^ M/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$F4],T0Q/B8C M,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^)B,Q M-C`[/"]T9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C,38P.SPO=&0^ M(`T*("`@/'1D('9A;&EG;CTS1&)O='1O;3XF(S$V,#L\+W1D/@T*("`@/"]T M6QE/3-$)VUAF4] M,T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T M;VT^/&9O;G0@6QE/3-$)V9O;G0M9F%M M:6QY.G1I;65S(&YE=R!R;VUA;B<@F4],T0R M/C$Q+CF4],T0Q/B8C,38P.SPO M9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT^)B,Q-C`[/"]T M9#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C,38P.SPO=&0^(`T*("`@ M/'1D('9A;&EG;CTS1&)O='1O;3XF(S$V,#L\+W1D/@T*("`@/"]T6QE/3-$)V)O6QE/3-$)V)O'0M:6YD96YT.BTQ M+C`P96TG/CQF;VYT('-T>6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R M;VUA;B<@3IT:6UEF4],T0R/B8C M,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX],T1B;W1T;VT@86QI M9VX],T1R:6=H=#X\9F]N="!S='EL93TS1"=F;VYT+69A;6EL>3IT:6UEF4],T0R/C$L-S$T/"]F;VYT/CPO=&0^(`T*("`@/'1D M(&YO=W)A<#TS1&YO=W)A<"!V86QI9VX],T1B;W1T;VT^/&9O;G0@F4],T0Q/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX] M,T1B;W1T;VT^/&9O;G0@6QE/3-$)V9O;G0M M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@3IT:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX] M,T1B;W1T;VT^/&9O;G0@3IT:6UEF4],T0R/B0\+V9O;G0^/"]T9#X@ M#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$6QE/3-$9F]N="US M:7IE.C%P>#X@#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M/B8C,38P.SPO=&0^ M(`T*("`@/'1D('9A;&EG;CTS1&)O='1O;3XF(S$V,#L\+W1D/B`-"B`@(#QT M9"!V86QI9VX],T1B;W1T;VT^#0H@("`\<"!S='EL93TS1"=B;W)D97(M=&]P M.C-P>"!D;W5B;&4@(S`P,#`P,"<^)B,Q-C`[/"]P/@T*("`@/"]T9#X@#0H@ M("`\=&0@=F%L:6=N/3-$8F]T=&]M/@T*("`@/'`@6QE/3-$)V)O6QE/3-$)VUA&5R8VES86)L92!A6QE/3-$)V9O;G0M9F%M:6QY.G1I;65S(&YE=R!R;VUA M;B<@6QE/3-$)V9O;G0M M9F%M:6QY.G1I;65S(&YE=R!R;VUA;B<@3IT:6UEF4],T0R/B8C,38P.SPO9F]N=#X\+W1D/B`-"B`@(#QT9"!V86QI9VX] M,T1B;W1T;VT^/&9O;G0@3IT:6UEF4],T0R/B0\+V9O;G0^/"]T9#X@ M#0H@("`\=&0@=F%L:6=N/3-$8F]T=&]M(&%L:6=N/3-$6QE/3-$)V9O;G0M9F%M:6QY.G1I M;65S(&YE=R!R;VUA;B<@ XML 15 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6

Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified

Mar. 31, 2012

Dec. 31, 2011

Current assets:

Cash and cash equivalents $ 16,167 $ 7,475

Short-term investments 21,410 38,497

Accounts receivable, net of allowances for doubtful accounts and other adjustments of $1,121 (2012) and $1,382 (2011) 8,531 8,525

Income tax receivable 7,941 8,293

Inventories, net of reserves for excess and obsolete inventory of $436 (2012) and $417 (2011) 256 309

Prepaid expenses and other current assets 776 1,138

Deferred tax asset 8 8

Total current assets 55,089 64,245

Equipment and improvements, net 14,422 15,482

Other assets 219 214

Total assets 69,730 79,941

Current liabilities:

Accounts payable 1,986 3,181

Accrued liabilities 7,262 7,641

Deferred revenue 944 703

Total current liabilities 10,192 11,525

Non-current liabilities:

Long-term liabilities 3,408 3,546

Deferred tax liability 10 10

Total non-current liabilities 3,418 3,556

Commitments and contingencies

Stockholders' equity:

Preferred stock, par value $0.001 per share; 5,000,000 shares authorized; none issued or outstanding

Common stock, par value $0.001 per share; 50,000,000 shares authorized; 36,123,317 and 35,611,976 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively 36 36

Additional paid-in capital 208,835 207,927

Accumulated comprehensive deficit (152,751) (143,103)

Total stockholders' equity 56,120 64,860

Total liabilities and stockholders' equity $ 69,730 $ 79,941

X

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Subparagraph a

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AccountsPayableCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3

-Subparagraph a(1)

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 4

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3-4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AccountsReceivableNetCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 20

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AccruedLiabilitiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 13

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 14, 17, 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 31

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS115-1/124-1

-Paragraph 15D

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 14

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e681-108580

+ Details

Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 31

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.30(a)(1))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AdditionalPaidInCapitalCommonStock

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 12

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Topic 210

-SubTopic 10

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

-Section S99

-Name Accounting Standards Codification

-Publisher FASB

-Paragraph 1

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Concepts (CON)

-Number 6

-Paragraph 25

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 18

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.18)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_Assets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6801-107765

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Section 45

-SubTopic 10

-Topic 210

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

-Publisher FASB

-Name Accounting Standards Codification

-Paragraph 1

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 9

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.9)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

+ Details

Name: us-gaap_AssetsCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_AssetsCurrentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Total of debt securities categorized neither as held-to-maturity nor trading which are intended be sold or mature within one year from the balance sheet date or the normal operating cycle, whichever is longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26626-111562

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 22

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS115-1/124-1

-Paragraph 15E

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 16

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS115-1/124-1

-Paragraph 15D

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 12

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS115-1/124-1

-Paragraph 15C

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 13, 17

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 3

-Section A

-Paragraph 4, 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 25

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6379932&loc=d3e22054-111558

+ Details

Name: us-gaap_AvailableForSaleSecuritiesDebtSecuritiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7

-Footnote 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3044-108585

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 8, 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7, 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

-URI http://asc.fasb.org/extlink&oid=6507016

+ Details

Name: us-gaap_CashAndCashEquivalentsAtCarryingValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.17)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 17

-Article 9

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 19

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 25

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.(a),19)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14326-108349

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 8, 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.25)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CommitmentsAndContingencies

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CommonStockValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 8

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6935-107765

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 3

-Section A

-Paragraph 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 13

-Section A

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 13.A.4(a).Q1)

-URI http://asc.fasb.org/extlink&oid=6600647&loc=d3e214044-122780

+ Details

Name: us-gaap_DeferredRevenueCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The current portion of the aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; after deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, are classified according to the expected reversal date of the temporary difference. An unrecognized tax benefit that is directly related to a position taken in a tax year that results in a net operating loss carryforward is presented as a reduction of the related deferred tax asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6907571&loc=d3e31928-109318

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 41, 42, 43

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 45

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907571&loc=d3e31958-109318

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6907571&loc=d3e31917-109318

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6907571&loc=d3e31931-109318

+ Details

Name: us-gaap_DeferredTaxAssetsNetCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Represents the noncurrent portion of deferred tax liabilities, which result from applying the applicable tax rate to net taxable temporary differences pertaining to each jurisdiction to which the entity is obligated to pay income tax. A noncurrent taxable temporary difference is a difference between the tax basis and the carrying amount of a noncurrent asset or liability in the financial statements prepared in accordance with generally accepted accounting principles. In a classified statement of financial position, an enterprise separates deferred tax liabilities and assets into a current amount and a noncurrent amount. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, are classified according to the expected reversal date of the temporary difference.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 45

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907571&loc=d3e31958-109318

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 41, 42

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6907571&loc=d3e31917-109318

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6907571&loc=d3e31931-109318

+ Details

Name: us-gaap_DeferredTaxLiabilitiesNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Carrying amount due within one year of the balance sheet date (or one operating cycle, if longer) from tax authorities as of the balance sheet date representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 5

-Subparagraph c

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.10)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3

-Subparagraph a

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3(a)(4))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 10

-Article 9

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Section Appendix E

-Paragraph 289

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.5(c))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_IncomeTaxesReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-Section 35

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6386567&loc=d3e3927-108312

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

+ Details

Name: us-gaap_InventoryNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 32

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.32)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 25

+ Details

Name: us-gaap_LiabilitiesAndStockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 21

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.21)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_LiabilitiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: us-gaap_LiabilitiesCurrentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Total obligations incurred as part of normal operations that is expected to be repaid beyond the following twelve months or one business cycle.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22, 23, 24, 25, 26, 27

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22-26)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_LiabilitiesNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: us-gaap_LiabilitiesNoncurrentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year from the balance sheet date or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer plus capital lease obligations due to be paid more than one year after the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 6

-Section H

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_LongTermDebtAndCapitalLeaseObligations

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 17

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_OtherAssetsNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 02

-Paragraph 29

+ Details

Name: us-gaap_PreferredStockValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The total of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer, and the aggregate carrying amount of current assets, as of the balance sheet date, not separately presented elsewhere in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 8

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section A

-Paragraph 4

-Chapter 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Section 45

-SubTopic 10

-Topic 210

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

-Publisher FASB

-Name Accounting Standards Codification

-Paragraph 1

+ Details

Name: us-gaap_PrepaidExpenseAndOtherAssetsCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 7

-Section 03

-Paragraph 8

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph a

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 12

-Paragraph 5

-Subparagraph b, c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

+ Details

Name: us-gaap_PropertyPlantAndEquipmentNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A3

-Appendix A

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

+ Details

Name: us-gaap_StockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: us-gaap_StockholdersEquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 16 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6

Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2012

Mar. 31, 2011

Operating activities:

Net loss $ (9,682) $ (7,753)

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:

Depreciation and amortization 1,115 2,736

Provision for doubtful accounts and other adjustments to accounts receivable 419 193

Provision for excess and obsolete inventory 19 26

Excess tax benefits from stock-based compensation (284)

Non-cash compensation related to stock options and restricted stock 1,178 2,107

Change in operating accounts:

Accounts receivable (425) 4,809

Income tax receivable 352

Deferred taxes (5,540)

Inventories 34 (8)

Prepaid expenses and other assets 357 (237)

Accounts payable and accrued liabilities (1,477) 1,694

Net cash used in operating activities (8,110) (2,257)

Investing activities:

Capital expenditures (55) (6,561)

Proceeds from (purchase of) short-term investments 17,121 (1,985)

Net cash provided by (used in) investing activities 17,066 (8,546)

Financing activities:

Excess tax benefits from stock-based compensation 284

Cash received from stock sale for employee stock purchase plan 55 345

Cash received from exercise of stock options 10 7

Repurchase of common stock (329)

Net cash provided by (used in) financing activities (264) 636

Net increase (decrease) in cash and cash equivalents 8,692 (10,167)

Cash and cash equivalents, beginning of period 7,475 17,856

Cash and cash equivalents, end of period 16,167 7,689

Supplemental disclosures of cash flow information:

Cash paid for income taxes $ 91 $ 224

X

- Definition

Provision for excess and obsolete inventory

+ References

No definition available.

+ Details

Name: smsi_ProvisionForExcessAndObsoleteInventory

Namespace Prefix: smsi_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7

-Footnote 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3044-108585

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 8, 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7, 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

-URI http://asc.fasb.org/extlink&oid=6507016

+ Details

Name: us-gaap_CashAndCashEquivalentsAtCarryingValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

+ Details

Name: us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Definition

The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Deferred Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6510177

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 6

-Section I

-Subsection 7

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 45

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 289

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 6.I.7)

-URI http://asc.fasb.org/extlink&oid=6889476&loc=d3e330036-122817

+ Details

Name: us-gaap_DeferredIncomeTaxExpenseBenefit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

+ Details

Name: us-gaap_DepreciationAndAmortization

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Reductions in the entity's income taxes that arise when compensation cost (from non-qualified share-based compensation) recognized on the entity's tax return exceeds compensation cost from equity-based compensation recognized in financial statements. This element represents the cash inflow reported in the enterprise's financing activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A240

-Subparagraph i

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 00-15

-Paragraph 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 20

-Section 55

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6576910&loc=d3e11374-113907

+ Details

Name: us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Reductions in the entity's income taxes that arise when compensation cost (from non-qualified equity-based compensation) recognized on the entity's tax return exceeds compensation cost from equity-based compensation recognized in financial statements. This element reduces net cash provided by operating activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A96

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 20

-Section 55

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6576910&loc=d3e11374-113907

+ Details

Name: us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-Subparagraph (f)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3536-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 27

-Subparagraph f

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4297-108586

+ Details

Name: us-gaap_IncomeTaxesPaid

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in income taxes receivable, which represents the amount due from tax authorities for refunds of overpayments or recoveries of income taxes paid.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInIncomeTaxesReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInInventories

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_IncreaseDecreaseInOperatingCapitalAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets,or income taxes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The net cash inflow or outflow from financing activity for the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net cash inflow or outflow from investing activity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3536-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e565-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 19

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The net amount paid (received) by the reporting entity through acquisition or sale and maturities of short-term investments with an original maturity that is three months or less which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 13

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3095-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 9

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3098-108585

+ Details

Name: us-gaap_PaymentsForProceedsFromShortTermInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash outflow to reacquire common stock during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 15

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3291-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 20

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

+ Details

Name: us-gaap_PaymentsForRepurchaseOfCommonStock

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 13

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3213-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 17

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

+ Details

Name: us-gaap_PaymentsToAcquireProductiveAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (j)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A240

-Subparagraph i

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 14

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3255-108585

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 19

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_ProceedsFromStockOptionsExercised

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cash inflow associated with the amount received from the stock plan during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 14

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3255-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 19

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

+ Details

Name: us-gaap_ProceedsFromStockPlans

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount of the current period expense charged against operations, the offset which is generally to the allowance for doubtful accounts for the purpose of reducing receivables, including notes receivable, to an amount that approximates their net realizable value (the amount expected to be collected).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.5)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_ProvisionForDoubtfulAccounts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_ShareBasedCompensation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_SupplementalCashFlowInformationAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 17 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6

Subsequent Events
3 Months Ended

Mar. 31, 2012

Subsequent Events [Abstract]

Subsequent Events

16. Subsequent Events

The Company evaluates and discloses subsequent events as required by ASC Topic No. 855, Subsequent Events. The Topic establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before the financial statements are issued or are available to be issued. Subsequent events have been evaluated as of the date of this filing and no further disclosures were required.

X

- Details

Name: us-gaap_SubsequentEventsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

No definition available.

+ Details

Name: us-gaap_SubsequentEventsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 18 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "
"+ text.join( "

\n" ) +"
"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "
" + text[p] + "
\n"; } } }else{ formatted = '
' + raw + '
'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+'
'+formatted+'
'+ "\n"+'
'+ "\n"+'
'+raw+'
'+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 19 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6

The Company
3 Months Ended

Mar. 31, 2012

The Company and Basis of Presentation [Abstract]

The Company

1. The Company

Smith Micro Software, Inc. (“we,” “us,” “our,” “Smith Micro,” or the “Company”) provides software and services that simplify, secure and enhance the mobile experience. The Company’s portfolio of wireless solutions includes a wide range of client and server applications that manage voice, data, video and connectivity over mobile broadband networks. Our primary customers are the world’s leading mobile network operators, mobile device manufacturers and enterprise businesses. In addition to our wireless and mobility software, Smith Micro offers personal productivity and graphics products distributed through a variety of consumer channels worldwide.

X

- Definition

The entire disclosure for the nature of an entity's business, the major products or services it sells or provides and its principal markets, including the locations of those markets. If the entity operates in more than one business, the disclosure also indicates the relative importance of its operations in each business and the basis for the determination (for example, assets, revenues, or earnings).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Name Statement of Position (SOP)

-Publisher AICPA

-Number 94-6

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6003-108592

+ Details

Name: us-gaap_NatureOfOperations

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 20 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6

Consolidated Balance Sheets (Parenthetical) (USD $)
In Thousands, except Share data, unless otherwise specified

Mar. 31, 2012

Dec. 31, 2011

Consolidated Balance Sheets [Abstract]

Allowances for doubtful accounts receivable $ 1,121 $ 1,382

Reserves for excess and obsolete inventory $ 436 $ 417

Preferred stock, par value $ 0.001 $ 0.001

Preferred stock, shares authorized 5,000,000 5,000,000

Preferred stock, shares issued

Preferred stock, shares outstanding

Common stock, par value $ 0.001 $ 0.001

Common Stock, Shares Authorized 50,000,000 50,000,000

Common stock, shares issued 36,123,317 35,611,976

Common stock, shares outstanding 36,123,317 35,611,976

X

- Definition

A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 4

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5074-111524

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Face amount or stated value of common stock per share; generally not indicative of the fair market value per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CommonStockParOrStatedValuePerShare

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition

The maximum number of common shares permitted to be issued by an entity's charter and bylaws.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CommonStockSharesAuthorized

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CommonStockSharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Shares outstanding equals shares issued minus shares held in treasury and other adjustments, if any.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

The amount of the valuation account as of the balance sheet date which reduces the carrying amount of inventory to net realizable value; takes into consideration such factors as market value, excessive quantities based on expected sales, technological obsolescence, and shrinkage. May also provide for estimated product returns or price concessions pertaining to product cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-Section 35

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6386567&loc=d3e3927-108312

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 3

-Section A

-Paragraph 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 4

-Paragraph 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 4

-Subparagraph (SX 210.12-09)

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24092-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 6

-Subparagraph a

-Article 5

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 5.BB)

-URI http://asc.fasb.org/extlink&oid=6386940&loc=d3e100047-122729

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 09

-Article 12

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 4

-Paragraph 8, 9, 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_InventoryValuationReserves

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 02

-Paragraph 29

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_PreferredStockParOrStatedValuePerShare

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition

The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 02

-Paragraph 29

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PreferredStockSharesAuthorized

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 02

-Paragraph 29

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PreferredStockSharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 02

-Paragraph 29

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PreferredStockSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Details

Name: us-gaap_StatementOfFinancialPositionAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 21 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6

Segment, Customer Concentration and Geographical Information
3 Months Ended

Mar. 31, 2012

Segment, Customer Concentration and Geographical Information [Abstract]

Segment, Customer Concentration and Geographical Information

11. Segment, Customer Concentration and Geographical Information

Segment Information

Public companies are required to report financial and descriptive information about their reportable operating segments as required by FASB ASC Topic No. 280, Segment Reporting. The Company has two primary business units based on how management internally evaluates separate financial information, business activities and management responsibility. Wireless includes our connection management, mobile VPN, media and content management, device management, Push-To-Talk, Visual Voicemail, Voicemail to Text, video content delivery and network traffic optimization solutions. Productivity & Graphics includes retail and direct sales of our compression and broad consumer-based software. “Corporate/Other” revenue includes the consulting portion of our services sector which has been de-emphasized and is no longer considered a strategic element of our future plans.

The Company does not separately allocate operating expenses to these business units, nor does it allocate specific assets. Therefore, business unit information reported includes only revenues.

The following table shows the revenues generated by each business unit (in thousands):

Three Months Ended March 31,

2012 2011

(unaudited)

Wireless
$ 8,575 $ 15,981

Productivity & Graphics
1,475 1,742

Corporate/Other
64 68

Total revenues
10,114 17,791

Customer Concentration

Sales to two customers and their respective affiliates in the Wireless business segment accounted for 32.1% and 25.7% of the Company’s total revenues for the three months ended March 31, 2012. Sales to four customers and their respective affiliates in the Wireless business segment accounted for 21.4%, 20.0%, 13.3% and 12.7% of the Company’s total revenues for the three months ended March 31, 2011.

Geographical Information

During the three months ended March 31, 2012 and 2011, the Company operated in three geographic locations; the Americas, Asia Pacific, and EMEA (Europe, the Middle East, and Africa). Revenues, attributed to the geographic location of the customer’s bill-to address, were as follows (in thousands):

Three Months Ended March 31,

2012 2011

(unaudited)

Americas
$ 8,684 $ 16,457

EMEA
685 860

Asia Pacific
745 474

Total Revenues
$ 10,114 $ 17,791

The Company does not separately allocate specific assets to these geographic locations.

X

- Details

Name: us-gaap_SegmentReportingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 34

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 29

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 35

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 41

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 32

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 131

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 40

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 42

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 31

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

+ Details

Name: us-gaap_SegmentReportingDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 22 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6

Document and Entity Information
3 Months Ended

Mar. 31, 2012

Apr. 27, 2012

Document and Entity Information [Abstract]

Entity Registrant Name SMITH MICRO SOFTWARE INC

Entity Central Index Key 0000948708

Document Type 10-Q

Document Period End Date Mar. 31, 2012

Amendment Flag false

Document Fiscal Year Focus 2012

Document Fiscal Period Focus Q1

Current Fiscal Year End Date --12-31

Entity Filer Category Accelerated Filer

Entity Common Stock, Shares Outstanding 36,122,952

X

- Definition

If the value is true, then the document as an amendment to previously-filed/accepted document.

+ References

No definition available.

+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition

End date of current fiscal year in the format --MM-DD.

+ References

No definition available.

+ Details

Name: dei_CurrentFiscalYearEndDate

Namespace Prefix: dei_

Data Type: xbrli:gMonthDayItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalPeriodFocus

Namespace Prefix: dei_

Data Type: dei:fiscalPeriodItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalYearFocus

Namespace Prefix: dei_

Data Type: xbrli:gYearItemType

Balance Type: na

Period Type: duration

X

- Definition

The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.

+ References

No definition available.

+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type is limited to the same value as the supporting SEC submission type, minus any "/A" suffix. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, 497, NCSR, N-CSR, N-CSRS, N-Q, 10-KT, 10-QT, 20-FT, POS AM and Other.

+ References

No definition available.

+ Details

Name: dei_DocumentType

Namespace Prefix: dei_

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei_

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, Instrument

+ References

No definition available.

+ Details

Name: dei_EntityCommonStockSharesOutstanding

Namespace Prefix: dei_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ References

No definition available.

+ Details

Name: dei_EntityFilerCategory

Namespace Prefix: dei_

Data Type: dei:filerCategoryItemType

Balance Type: na

Period Type: duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

X

- Details

Name: smsi_DocumentAndEntityInformationAbstract

Namespace Prefix: smsi_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 23 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6

Recent Accounting Pronouncements
3 Months Ended

Mar. 31, 2012

Recent Accounting Pronouncements [Abstract]

Recent Accounting Pronouncements

12. Recent Accounting Pronouncements

In December 2011, the FASB issued Accounting Standards Update (“ASU”) No. 2011-12, Comprehensive Income (Topic 220). The amendments in this Update supersede certain pending paragraphs in ASU No. 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income, to effectively defer only those changes in Update 2011-05 that relate to the presentation of reclassification adjustments out of accumulated other comprehensive income. The amendments will be temporary to allow the Board time to redeliberate the presentation requirements for reclassifications out of accumulated other comprehensive income for annual and interim financial statements for public, private, and non-profit entities.

In June 2011, the FASB issued ASU No. 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income. Under the amendments to this Update, an entity has the option to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. The Company has implemented this guidance in this Form 10-Q.

In May 2011, the FASB issued ASU No. 2011-04, Fair Value Measurements and Disclosures (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. The amendments in this Update result in common fair value measurement and disclosure requirements in U.S. GAAP and IFRSs. Consequently, the amendments change the wording used to describe many of the requirements in U.S. GAAP for measuring fair value and for disclosing information about fair value measurements. The Company has implemented this guidance and its adoption has not had an impact on its consolidated results of operations and financial condition.

X

- Details

Name: us-gaap_AccountingChangesAndErrorCorrectionsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for a new accounting pronouncement that has been issued but not yet adopted.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 11

-Section M

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 250

-SubTopic 10

-Section S99

-Paragraph 5

-Subparagraph (SAB TOPIC 11.M)

-URI http://asc.fasb.org/extlink&oid=6369664&loc=d3e31137-122693

+ Details

Name: us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 24 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6

Consolidated Statements of Comprehensive Loss (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended

Mar. 31, 2012

Mar. 31, 2011

Consolidated Statements of Comprehensive Loss [Abstract]

Revenues $ 10,114 $ 17,791

Cost of revenues 2,195 3,776

Gross profit 7,919 14,015

Operating expenses:

Selling and marketing 4,592 8,362

Research and development 7,104 11,680

General and administrative 5,504 6,985

Restructuring expenses 334

Total operating expenses 17,534 27,027

Operating loss (9,615) (13,012)

Interest and other income, net 23 43

Loss before provision for income taxes (9,592) (12,969)

Provision for income tax expense (benefit) 90 (5,216)

Net loss (9,682) (7,753)

Other comprehensive income, before tax:

Unrealized holding gains on available-for-sale securities 40 7

Income tax expense related to items of other comprehensive income 6 3

Other comprehensive income, net of tax 34 4

Comprehensive loss $ (9,648) $ (7,749)

Net loss per share:

Basic and diluted $ (0.27) $ (0.22)

Weighted average shares outstanding:

Basic and diluted 35,590 35,263

X

- Definition

Basic and diluted

+ References

No definition available.

+ Details

Name: smsi_WeightedAverageSharesOutstandingBasicAndDiluted

Namespace Prefix: smsi_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e540-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A5

-Appendix A

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(3)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 8, 9, 10, 11, 12, 13, 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6508144

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e557-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

+ Details

Name: us-gaap_ComprehensiveIncomeNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_ComprehensiveIncomeNetOfTaxAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 2

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.2(a),(d))

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_CostOfGoodsAndServicesSold

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

No definition available.

+ Details

Name: us-gaap_EarningsPerShareBasicAndDiluted

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition

The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.4)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_GeneralAndAdministrativeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.1,2)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_GrossProfit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 4

-Section 08

-Paragraph h

-Subparagraph 1(i)

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h)(1)(i))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Income Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6515339

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (a),(b)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 45

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Name: us-gaap_IncomeTaxExpenseBenefit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e565-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 19

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 7

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_NonoperatingIncomeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.

+ References

No definition available.

+ Details

Name: us-gaap_OperatingExpenses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_OperatingExpensesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net result for the period of deducting operating expenses from operating revenues.

+ References

No definition available.

+ Details

Name: us-gaap_OperatingIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Gross appreciation or the gross loss in value of the total of unsold available-for-sale securities during the period being reported (except when designated as a fair value hedge).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 13

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 13

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 55

-Paragraph 2

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=6920433&loc=d3e998-108581

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 24

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 17

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(3)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Appreciation or loss in value (before reclassification adjustment) of the total of unsold securities during the period being reported on, net of tax. Reclassification adjustments include: (1) the unrealized holding gain (loss), net of tax, at the date of the transfer for a debt security from the held-to-maturity category transferred into the available-for-sale category. Also includes the unrealized gain (loss) at the date of transfer for a debt security from the available-for-sale category transferred into the held-to-maturity category; (2) the unrealized gains (losses) realized upon the sale of securities, after tax; and (3) the unrealized gains (losses) realized upon the write-down of securities, after tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 13

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 13

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 55

-Paragraph 2

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=6920433&loc=d3e998-108581

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 24

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 17, 22

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(3)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Tax effect on gross appreciation or the gross loss in value of the total of unsold securities during the period being reported on.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 25

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e640-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(3)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 985

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 730

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6420194&loc=d3e21568-108373

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141

-Paragraph 51

-Subparagraph g

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 2

-Paragraph 12, 13

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 86

-Paragraph 11, 12

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_ResearchAndDevelopmentExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 5.P.4(b))

-URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140904-122747

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 5

-Section P

-Subsection 3, 4

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 5.P.3)

-URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140864-122747

+ Details

Name: us-gaap_RestructuringCharges

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 1

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.1)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_SalesRevenueNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The aggregate total amount of expenses directly related to the marketing or selling of products or services.

+ References

No definition available.

+ Details

Name: us-gaap_SellingAndMarketingExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 25 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6

Cash and Cash Equivalents
3 Months Ended

Mar. 31, 2012

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents

6. Cash and Cash Equivalents

Cash and cash equivalents generally consist of cash, government securities, mutual funds, and money market funds. These securities are primarily held in two financial institutions and are uninsured except for the minimum Federal Deposit Insurance Corporation (“FDIC”) coverage, and have original maturity dates of three months or less. As of March 31, 2012 and December 31, 2011, bank balances totaling approximately $12.6 million and $3.3 million, respectively, were uninsured.

X

- Details

Name: us-gaap_CashAndCashEquivalentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4273-108586

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7

-Footnote 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 8, 9, 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 6.H.3)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13728-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 6

-Section H

-Subsection 3

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

-URI http://asc.fasb.org/extlink&oid=6507016

+ Details

Name: us-gaap_CashAndCashEquivalentsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 26 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6

Fair Value of Financial Instruments
3 Months Ended

Mar. 31, 2012

Fair Value of Financial Instruments [Abstract]

Fair Value of Financial Instruments

5. Fair Value of Financial Instruments

The Company measures and discloses fair value measurements as required by FASB ASC Topic No. 820, Fair Value Measurements and Disclosures.

The carrying value of accounts receivable, foreign cash accounts, prepaid expenses, other current assets, accounts payable, and accrued expenses are considered to be representative of their respective fair values because of the short-term nature of those instruments.

Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or a liability. As a basis for considering such assumptions, the FASB establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:

•
Level 1 - Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.

•
Level 2 - Include other inputs that are directly or indirectly observable in the marketplace.

•
Level 3 - Unobservable inputs which are supported by little or no market activity.

The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.

As required by FASB ASC Topic No. 820, we measure our cash equivalents and short-term investments at fair value. Our cash equivalents and short-term investments are classified within Level 1 by using quoted market prices utilizing market observable inputs.

As required by FASB ASC Topic No. 825, Financial Instruments, an entity can choose to measure at fair value many financial instruments and certain other items that are not currently required to be measured at fair value. Subsequent changes in fair value for designated items are required to be reported in earnings in the current period. This Topic also establishes presentation and disclosure requirements for similar types of assets and liabilities measured at fair value. As permitted, the Company has elected not to use the fair value option to measure our available-for-sale securities under this Topic and will continue to report as required by FASB ASC Topic No. 320, Investments-Debt and Equity Securities. We have made this election because the nature of our financial assets and liabilities are not of such complexity that they would benefit from a change in valuation to fair value.

X

- Details

Name: us-gaap_FairValueDisclosuresAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 159

-Paragraph 17-22, 27, 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15C, 15D

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13504-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15A

-Subparagraph a-d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 21

-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13537-108611

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 44A, 44B

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 3, 10, 14, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15B

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32, 33, 34

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_FairValueDisclosuresTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 27 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6

Commitments and Contingencies
3 Months Ended

Mar. 31, 2012

Commitments and Contingencies [Abstract]

Commitments and Contingencies

13. Commitments and Contingencies

Leases

The Company leases its buildings under non-cancellable operating leases that expire on various dates through 2022. Future minimum annual lease payments under such leases as of March 31, 2012 are as follows (in thousands):

Year Ending December 31,
Operating

2012-9 months
$ 1,931

2013
2,612

2014
2,607

2015
2,425

2016
2,130

2017
1,787

Beyond
6,314

Total
$ 19,806

Rent expense under operating leases was $0.7 million for both three months ended March 31, 2012 and 2011.

As a condition of our new lease in Pittsburgh, the landlord agreed to incentives of $40.00 per square foot, or a total of $2.2 million, for improvements to the space. These costs have been included in deferred rent in our long-term liabilities and are being amortized over the remaining lease term.

Pennsylvania Opportunity Grant Program

On September 26, 2011, we received $1.0 million from the State of Pennsylvania to help fund our agreement to start-up a new facility. The grant carries with it an obligation, or commitment, to employ at least 232 people within a three-year time period. This grant contains conditions that would require us to return a pro-rata amount of the monies received if we fail to meet these conditions. As such, the monies have been recorded as a liability in the long-term liabilities line item on the balance sheet until we are irrevocably entitled to retain the monies.

Litigation

On June 29, 2011, a complaint was filed in the U.S. District Court for the Central District of California against us and certain of our current officers on behalf of certain purchasers of our common stock. The complaint has been brought as a purported stockholder class action, and, in general, includes allegations that we and certain of our officers violated federal securities laws by making materially false and misleading statements regarding our business prospects and financial results, thereby artificially inflating the price of our common stock. The plaintiff is seeking unspecified monetary damages and other relief. On August 29, 2011, two prospective lead plaintiffs filed motions for appointment of lead plaintiff and for appointment of lead counsel. On October 17, 2011, the court appointed the two prospective lead plaintiffs as co-lead plaintiffs and their respective counsel as co-lead counsel. On December 15, 2011, the co-lead plaintiffs filed their consolidated amended complaint. On February 14, 2012, defendants filed a motion to dismiss the consolidated amended complaint. Plaintiffs’ opposition was filed on April 2, 2012, and defendants’ filed a reply on May 1, 2012. A hearing on the motion to dismiss has been set for May 21, 2012. We intend to vigorously defend against the claims advanced.

On August 11, 2011, a shareholder derivative complaint was filed in the Superior Court of California for the County of Orange against the Company’s directors and certain of its executive officers. Thereafter, two additional similar complaints, also styled as shareholder derivative actions, were filed in state court (collectively, the “State Derivative Actions”). On December 23, 2011, one of the plaintiffs in the State Derivative Actions filed a motion to consolidate the State Derivative Actions and to appoint lead counsel. On February 14, 2012, the two other plaintiffs filed an opposition to this motion, and, on March 7, 2012, they filed their own motion to consolidate and appoint lead counsel. On March 29, 2012, the Court heard the motions, consolidated the three State Derivative Actions, and appointed lead counsel. On May 1, 2012, the Court held an initial Case Management Conference in the consolidated State Derivative Action, at which the Court approved the parties’ stipulation to stay the State Derivative Action pending full resolution of all motions to dismiss in the federal stockholder class action. Should the stay of the State Derivative Actions be lifted upon full resolution of all motions to dismiss in the federal stockholder class action, we expect plaintiffs to file an amended shareholder derivative complaint. On September 12, 2011, a shareholder derivative complaint was filed in the U.S. District Court for the Central District of California against certain of the officers and directors named in the State Derivative Actions but also against additional officers of the Company. Thereafter, two additional similar complaints, also styled as shareholder derivative actions, were filed in federal court (collectively, the “Federal Derivative Actions”). On December 6, 2011, the federal court consolidated the first two filed Federal Derivative Actions and appointed co-lead counsel for plaintiffs. On January 9, 2012, the plaintiff for the third filed federal derivative action requested dismissal of the third filed complaint, which the federal court granted on January 11, 2012. On January 27, 2012, plaintiffs in the Federal Derivative Actions filed their consolidated shareholder derivative complaint. On March 30, 2012, defendants filed a motion to dismiss the consolidated complaint. Plaintiff’s opposition is due May 14, 2012, and defendants’ reply is due June 15, 2012. A hearing on the motion to dismiss has been set for July 16, 2012. Collectively, the State Derivative Actions and the Federal Derivative Actions are referred to as the “Derivative Actions.” The shareholder derivative complaints in the Derivative Actions allege breaches of fiduciary duties by the defendants and other violations of state law. In general, the complaints in the Derivative Actions allege that the Company’s directors and certain of its officers caused or allowed for the dissemination of materially false and misleading statements regarding our business prospects and financial results, thereby artificially inflating the price of our common stock. Plaintiffs in the Derivative Actions seek unspecified monetary damages and other relief, including reforms and improvements to the Company’s corporate governance and internal procedures. We intend to vigorously defend against the claims advanced in the Derivative Actions, and intend to file demurrers and/or motion(s) to dismiss the shareholder derivative complaints in the Derivative Actions.

The Company is and may become involved in various other legal proceedings arising from its business activities. While management does not believe the ultimate disposition of these matters will have a material adverse impact on the Company’s consolidated results of operations, cash flows or financial position, litigation is inherently unpredictable, and depending on the nature and timing of these proceedings, an unfavorable resolution could materially affect the Company’s future consolidated results of operations, cash flows or financial position in a particular period.

X

- Details

Name: us-gaap_CommitmentsAndContingenciesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 14

-Paragraph 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 440

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 9, 10, 11, 12

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.25)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

+ Details

Name: us-gaap_CommitmentsAndContingenciesDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 28 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6

Inventories
3 Months Ended

Mar. 31, 2012

Inventories [Abstract]

Inventories

9. Inventories

Inventories consist principally of compact disks (“CDs”), boxes and manuals and are stated at the lower of cost (determined by the first-in, first-out method) or market. The Company regularly reviews its inventory quantities on hand and records a provision for excess and obsolete inventory based primarily on management’s forecast of product demand and production requirements. At March 31, 2012, our net inventory balance consisted of approximately $0.2 million of assembled products and $0.1 million of components.

X

- Details

Name: us-gaap_InventoryDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Chapter 3

-Section A

-Paragraph 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 6

-Subparagraph a, b, c

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

+ Details

Name: us-gaap_InventoryDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 29 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6

Short-Term Investments
3 Months Ended

Mar. 31, 2012

Short-Term Investments [Abstract]

Short-Term Investments

7. Short-Term Investments

Short-term investments consist of U.S. government agency and government sponsored enterprise obligations. The Company accounts for these short-term investments as required by FASB ASC Topic No. 320, Investments-Debt and Equity Securities. These debt and equity securities are not classified as either held-to-maturity securities or trading securities. As such, they are classified as available-for-sale securities. Available-for-sale securities are recorded at fair value, with unrealized gains or losses recorded as a separate component of accumulated other comprehensive income in stockholders’ equity until realized. Available-for-sale securities with contractual maturities of less than 12 months were as follows (in thousands):

March 31, 2012 December 31, 2011

Fair value Amortized
cost basis Net unrealized
loss Fair value Amortized
cost basis Net unrealized
loss

Corporate notes, bonds and paper
$ 16,530 $ 16,531 $ (1 ) $ 31,180 $ 31,217 $ (33 )

Government securities
4,880 4,880 — 7,317 7,321 (2 )

Total
$ 21,410 $ 21,411 $ (1 ) $ 38,497 $ 38,538 $ (35 )

There was a de minimis amount of realized gains recognized for the three months ended March 31, 2012.

X

- Details

Name: us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of investments in certain debt and equity securities (and certain other trading assets) which include all debt and equity securities (other than those equity securities accounted for under the equity or cost methods of accounting) with readily determinable fair values. Other trading assets include assets that are carried on the balance sheet at fair value and held for trading purposes. A debt security represents a creditor relationship with an enterprise that is in the form of a security. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities (and other trading assets).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27405-111563

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Equity Security

-URI http://asc.fasb.org/extlink&oid=6511694

-Topic 320

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27161-111563

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Debt Security

-URI http://asc.fasb.org/extlink&oid=6509901

-Topic 320

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 3, 19, 20, 21, 22, 137

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27232-111563

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27357-111563

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 320

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563

+ Details

Name: us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 30 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6

Accounts Receivable
3 Months Ended

Mar. 31, 2012

Accounts Receivable [Abstract]

Accounts Receivable

8. Accounts Receivable

The Company performs ongoing credit evaluations of its customers and generally does not require collateral. The Company maintains reserves for estimated credit losses, and those losses have been within management’s estimates. Allowances for product returns are included in other adjustments to accounts receivable on the accompanying consolidated balance sheets. Product returns are estimated based on historical experience and management estimations.

X

- Definition

The entire disclosure for claims held for amounts due a company. Examples include trade accounts receivables, notes receivables, loans receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5066-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 7

-Article 9

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 01-6

-Paragraph 13

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5162-111524

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3, 4

-Article 5

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3,4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 4

-Section 08

-Paragraph k

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6965416&loc=d3e5074-111524

+ Details

Name: us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_ReceivablesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 31 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6

Equipment and Improvements
3 Months Ended

Mar. 31, 2012

Equipment and Improvements [Abstract]

Equipment and Improvements

10. Equipment and Improvements

Equipment and improvements are stated at cost. Depreciation is computed using the straight-line method based on the estimated useful lives of the assets, generally ranging from three to seven years. Leasehold improvements are amortized using the straight-line method over the shorter of the estimated useful life of the asset or the lease term.

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13-14)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230

+ Details

Name: us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 32 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6

Restructuring Expenses
3 Months Ended

Mar. 31, 2012

Restructuring Expenses [Abstract]

Restructuring Expenses

15. Restructuring Expenses

In October 2011, we announced a material Restructuring Plan that was approved by our Board of Directors resulting in charges of $2.2 million in the fourth quarter of fiscal year 2011. This Restructuring Plan involved a realignment of organizational structures, facility consolidations/closures and headcount reductions that will amount to approximately 20% of the Company’s worldwide workforce. The Restructuring Plan was implemented primarily during the fourth quarter of the Company’s 2011 fiscal year. Of the total charges, all but approximately $0.4 million will be cash expenditures.

In February 2012, we undertook an additional restructuring that included a further reduction of headcount of 7-8% and other cost reductions that will result in annualized savings of approximately $7.0M. One-time employee termination and other costs resulted in additional restructuring expenses of $0.3 million recorded in the period ended March 31, 2012.

The following is the activity in our restructuring liability account which is included in the accrued liabilities line item on the balance sheet for the period ended March 31, 2012 (in thousands):

December 31, 2011 March 31, 2012

Balance Provision Usage Balance

One-time employee termination benefits
$ 1,101 $ 190 $ (914 ) $ 377

Lease/rental terminations
448 5 (262 ) 191

Relocation, move, other expenses
116 139 (48 ) 207

Total
$ 1,665 $ 334 $ (1,224 ) $ 775

Of the remaining balance in the restructuring reserve, all but $0.1 million is estimated to be used during the fiscal quarter ending June 30, 2012.

X

- Details

Name: us-gaap_RestructuringAndRelatedActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 5.P.4)

-URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140904-122747

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 146

-Paragraph 20

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 5

-Section P

-Subsection 3, 4

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 420

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 5.P.3)

-URI http://asc.fasb.org/extlink&oid=6394695&loc=d3e140864-122747

+ Details

Name: us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 33 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6

Consolidated Statement of Stockholders' Equity (USD $)
In Thousands

Total

Common stock

Additional paid-in capital

Accumulated comprehensive deficit

Beginning balance at Dec. 31, 2011 $ 64,860 $ 36 $ 207,927 $ (143,103)

Beginning balance, shares at Dec. 31, 2011 35,612

Exercise of common stock options, shares 6

Exercise of common stock options 10 10

Non cash compensation recognized on stock options and ESPP 16 16

Restricted stock grants, net of cancellations, shares 590

Restricted stock grants, net of cancellations 1,162 1,162

Cancellation of shares for payment of withholding tax, shares (5)

Cancellation of shares for payment of withholding tax (6) (6)

Employee stock purchase plan (ESPP), shares 45

Employee stock purchase plan (ESPP) 55 55

Shares repurchased and cancelled, shares (125)

Shares repurchased and cancelled (329) (329)

Comprehensive loss (9,648) (9,648)

Ending balance at Mar. 31, 2012 $ 56,120 $ 36 $ 208,835 $ (152,751)

Ending balance, shares at Mar. 31, 2012 36,123

X

- Definition

Cancellation of shares for payment of withholding tax, shares

+ References

No definition available.

+ Details

Name: smsi_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensationShares

Namespace Prefix: smsi_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

The amount of adjustment to stockholders' equity associated with an employee's income tax withholding obligation as part of a net-share settlement of a share-based award.

+ References

No definition available.

+ Details

Name: us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

This element represents the amount of recognized equity-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Alternate captions include the words "stock-based compensation".

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 35

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6415241&loc=d3e4534-113899

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 20

-Section 55

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6576910&loc=d3e11149-113907

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A91

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 20

-Section 55

-Paragraph 13

-URI http://asc.fasb.org/extlink&oid=6576910&loc=d3e11178-113907

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 39

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4K

-URI http://asc.fasb.org/extlink&oid=6922042&loc=SL4591552-111686

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A5

-Appendix A

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

+ Details

Name: us-gaap_SharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A3

-Appendix A

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

+ Details

Name: us-gaap_StockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Number of shares issued during the period as a result of an employee stock purchase plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

Number of shares issued during the period related to Restricted Stock Awards, net of any shares forfeited.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 4, 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

Number of share options (or share units) exercised during the current period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28,29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)(1)(iv)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30

-Article 5

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

+ Details

Name: us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

Aggregate change in value for stock issued during the period as a result of employee stock purchase plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

+ Details

Name: us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Value of stock related to Restricted Stock Awards issued during the period, net of the stock value of such awards forfeited.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A240

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

+ Details

Name: us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Value stock issued during the period as a result of the exercise of stock options.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

+ Details

Name: us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Number of shares that have been repurchased and retired during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30

-Article 5

+ Details

Name: us-gaap_StockRepurchasedAndRetiredDuringPeriodShares

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

+ Details

Name: us-gaap_StockRepurchasedAndRetiredDuringPeriodValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

XML 34 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6

Stock-Based Compensation
3 Months Ended

Mar. 31, 2012

Stock-Based Compensation [Abstract]

Stock-Based Compensation

4. Stock-Based Compensation

Stock Plans

On July 28, 2005, our Shareholders approved the 2005 Stock Option / Stock Issuance Plan (“2005 Plan”). The 2005 Plan, which became effective the same date, replaced the 1995 Stock Option / Stock Issuance Plan (“1995 Plan”), which expired on May 24, 2005. All outstanding options under the 1995 Plan remained outstanding, but no further grants will be made under that Plan.

The 2005 Plan provides for the issuance of non-qualified or incentive stock options and restricted stock to employees, non-employee members of the board and consultants. The exercise price per share is not to be less than the fair market value per share of the Company’s common stock on the date of grant. The Board of Directors has the discretion to determine the vesting schedule. Options may be exercisable immediately or in installments, but generally vest over a four-year period from the date of grant. In the event the holder ceases to be employed by the Company, all unvested options terminate and all vested options may be exercised within a period following termination. In general, options expire ten years from the date of grant. Restricted stock is valued using the closing stock price on the date of the grant. The total value is expensed over the vesting period of 12 to 48 months. The maximum number of shares of the Company’s common stock that were available for issuance over the term of the original 2005 Plan could not exceed 5,000,000 shares, plus that number of additional shares equal to 2.5% of the number of shares of common stock outstanding on the last trading day of the calendar year commencing with calendar year 2006 (but not in excess of 750,000 shares). On October 11, 2007, our shareholders voted to approve an amendment to the 2005 Plan to increase the maximum number of shares of common stock that may be issued under the 2005 Plan from 5,000,000 shares (plus an annual increase) to 7,000,000 shares (plus an annual increase).

Employee Stock Purchase Plan

The Company has a shareholder approved employee stock purchase plan (“ESPP”), under which substantially all employees may purchase the Company’s common stock through payroll deductions at a price equal to 85% of the lower of the fair market values of the stock as of the beginning and end of six-month offering periods. An employee’s payroll deductions under the ESPP are limited to 10% of the employee’s compensation and employees may not purchase more than the lesser of $25,000 of stock, or 1,000 shares, for any calendar year. Additionally, no more than 1,000,000 shares may be purchased under the plan.

Stock Compensation

The Company accounts for all stock-based payment awards made to employees and directors based on their fair values and recognized as compensation expense over the vesting period using the straight-line method over the requisite service period for each award as required by FASB ASC Topic No. 718, Compensation-Stock Compensation.

Valuation of Stock Option and Restricted Stock Awards

There were no stock options granted during the three months ended March 31, 2012 or March 31, 2011.

Grants of restricted stock are valued using the closing stock price on the date of grant. In the three months ended March 31, 2012, a total of 40,000 shares of restricted stock, with a total value of $0.1 million, were granted to members of the Board of Directors. This cost will be amortized over a period of 12 months. In addition, 1.0 million shares of restricted stock, with a total value of $2.5 million, were granted to key officers and employees of the Company. This cost will be amortized over a period of 48 months.

Valuation of ESPP

The Company’s six-month offering period ended March 31, 2012 resulted in 44,666 shares being purchased/granted at a fair value of $0.69 per share. The Company’s six-month offering period ended March 31, 2011 resulted in 43,335 shares being purchased/granted at a fair value of $3.98 per share. The fair values of the offerings were estimated on the date of grant using a Black-Scholes valuation model that uses the assumptions noted in the following table. The risk-free rate is based on the U.S. treasury yield curve in effect at the time of grant. Expected volatility was based on the historical volatility on the day of grant.

Assumptions
Offering Period Ended
March 31, 2012 Offering Period Ended
March 31, 2011

Risk-free interest rate (average)
.05 % .18 %

Expected dividend yield
— —

Weighted average expected life (years)
.5 .5

Volatility (average)
105.0 % 72.0 %

Compensation Costs

As required by FASB ASC Topic No. 718, Compensation-Stock Compensation, the Company elected to attribute the value of stock-based compensation to expense using the straight-line method over the requisite service period for each award, which was previously used for its pro forma information. Stock-based non-cash compensation expenses related to stock options, restricted stock grants and the employee stock purchase plan were recorded in the financial statements as follows (in thousands):

Three Months Ended March 31,

(unaudited)

2012 2011

Cost of revenues
$ 4 $ 17

Selling and marketing
217 584

Research and development
186 505

General and administrative
765 1,001

Restructuring expenses
6 —

Total non-cash stock compensation expense
$ 1,178 $ 2,107

Total stock-based compensation for each quarter includes cash payment of income taxes related to grants of restricted stock in the amount of $0.1 million in the three months ended March 31, 2012 and $0.9 million in the three months ended March 31, 2011.

Stock Options

A summary of the Company’s stock options outstanding under the 2005 Plan as of March 31, 2012, and the activity during the three months then ended, are as follows:

Shares Weighted Ave.
Exercise Price Aggregate
Intrinsic Value

(in thousands except per share amounts)

Outstanding as of December 31, 2011
2,167 $ 11.03

Granted (unaudited)
— $ —

Exercised (unaudited)
(6 ) $ 1.62

Cancelled (unaudited)
(447 ) $ 11.72

Outstanding as of March 31, 2012 (unaudited)
1,714 $ 10.55 $ —

Exercisable as of March 31, 2012 (unaudited)
1,714 $ 10.55 $ —

During the three months ended March 31, 2012, options to acquire 6,042 shares were exercised with an intrinsic value of $4,000, resulting in cash proceeds to the Company of $10,000. During the three months ended March 31, 2011, options to acquire 5,688 shares were exercised with an intrinsic value of $46,000, resulting in cash proceeds to the Company of $7,000. At March 31, 2012, there were 2.8 million shares available for future grants under the 2005 Stock Issuance / Stock Option Plan.

Additional information regarding options outstanding as of March 31, 2012 is as follows:

Options outstanding Options exercisable

Range of

exercise

prices
Number
outstanding
(in thousands) Weighted average
remaining
contractual
life (years) Weighted
average
exercise
price Number
exercisable
(in thousands) Weighted
average
exercise
price

$0.24 - $4.00
148 1.9 $ 1.62 148 $ 1.62

$4.01 - $6.00
378 3.5 $ 4.93 378 $ 4.93

$6.01 - $12.00
149 5.1 $ 8.57 149 $ 8.57

$12.01 - $14.00
559 4.9 $ 12.66 559 $ 12.66

$14.01 - $16.00
380 5.0 $ 15.18 380 $ 15.18

$16.01 - $19.00
100 5.1 $ 18.51 100 $ 18.51

1,714 4.4 $ 10.55 1,714 $ 10.55

Restricted Stock Awards

A summary of the Company’s restricted stock awards outstanding under the 2005 Plan as of March 31, 2012, and the activity during the three months then ended, are as follows (in thousands):

Shares

Unvested at December 31, 2011
1,355

Granted (unaudited)
995

Cancelled/forfeited (unaudited)
(404 )

Vested (unaudited)
(176 )

Unvested at March 31, 2012 (unaudited)
1,770

X

- Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 93-6

-Paragraph 53

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64, 65, A240

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 40

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 50

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 35 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 16 115 1 false 3 0 false 3 false false R1.htm 00 - Document - Document and Entity Information Sheet http://smithmicro.com/role/DocumentAndEntityInformation Document and Entity Information true false R2.htm 01 - Statement - Consolidated Balance Sheets Sheet http://smithmicro.com/role/BalanceSheets Consolidated Balance Sheets false false R3.htm 011 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://smithmicro.com/role/BalanceSheetsParenthetical Consolidated Balance Sheets (Parenthetical) false false R4.htm 02 - Statement - Consolidated Statements of Comprehensive Loss (Unaudited) Sheet http://smithmicro.com/role/StatementsOfComprehensiveIncome Consolidated Statements of Comprehensive Loss (Unaudited) false false R5.htm 03 - Statement - Consolidated Statement of Stockholders' Equity Sheet http://smithmicro.com/role/StatementsOfStockholdersEquity Consolidated Statement of Stockholders' Equity false false R6.htm 04 - Statement - Consolidated Statements of Cash Flows (Unaudited) Sheet http://smithmicro.com/role/StatementsOfCashFlows Consolidated Statements of Cash Flows (Unaudited) false false R7.htm 06001 - Disclosure - The Company Sheet http://smithmicro.com/role/Company The Company false false R8.htm 06002 - Disclosure - Basis of Presentation Sheet http://smithmicro.com/role/BasisOfPresentation Basis of Presentation false false R9.htm 06003 - Disclosure - Net Income (Loss) Per Share Sheet http://smithmicro.com/role/NetIncomeLossPerShare Net Income (Loss) Per Share false false R10.htm 06004 - Disclosure - Stock-Based Compensation Sheet http://smithmicro.com/role/StockBasedCompensation Stock-Based Compensation false false R11.htm 06005 - Disclosure - Fair Value of Financial Instruments Sheet http://smithmicro.com/role/FairValueOfFinancialInstruments Fair Value of Financial Instruments false false R12.htm 06006 - Disclosure - Cash and Cash Equivalents Sheet http://smithmicro.com/role/CashAndCashEquivalents Cash and Cash Equivalents false false R13.htm 06007 - Disclosure - Short-Term Investments Sheet http://smithmicro.com/role/ShortTermInvestments Short-Term Investments false false R14.htm 06008 - Disclosure - Accounts Receivable Sheet http://smithmicro.com/role/AccountsReceivable Accounts Receivable false false R15.htm 06009 - Disclosure - Inventories Sheet http://smithmicro.com/role/Inventories Inventories false false R16.htm 06010 - Disclosure - Equipment and Improvements Sheet http://smithmicro.com/role/EquipmentAndImprovements Equipment and Improvements false false R17.htm 06011 - Disclosure - Segment, Customer Concentration and Geographical Information Sheet http://smithmicro.com/role/SegmentCustomerConcentrationAndGeographicalInformation Segment, Customer Concentration and Geographical Information false false R18.htm 06012 - Disclosure - Recent Accounting Pronouncements Sheet http://smithmicro.com/role/RecentAccountingPronouncements Recent Accounting Pronouncements false false R19.htm 06013 - Disclosure - Commitments and Contingencies Sheet http://smithmicro.com/role/CommitmentsAndContingencies Commitments and Contingencies false false R20.htm 06014 - Disclosure - Income Taxes Sheet http://smithmicro.com/role/IncomeTaxes Income Taxes false false R21.htm 06015 - Disclosure - Restructuring Expenses Sheet http://smithmicro.com/role/RestructuringExpenses Restructuring Expenses false false R22.htm 06016 - Disclosure - Subsequent Events Sheet http://smithmicro.com/role/SubsequentEvents Subsequent Events false false All Reports Book All Reports Process Flow-Through: 01 - Statement - Consolidated Balance Sheets Process Flow-Through: Removing column 'Mar. 31, 2011' Process Flow-Through: Removing column 'Dec. 31, 2010' Process Flow-Through: 011 - Statement - Consolidated Balance Sheets (Parenthetical) Process Flow-Through: 02 - Statement - Consolidated Statements of Comprehensive Loss (Unaudited) Process Flow-Through: 04 - Statement - Consolidated Statements of Cash Flows (Unaudited) smsi-20120331.xml smsi-20120331.xsd smsi-20120331_cal.xml smsi-20120331_def.xml smsi-20120331_lab.xml smsi-20120331_pre.xml true true ZIP 36 0001193125-12-211296-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001193125-12-211296-xbrl.zip M4$L#!!0````(`.]LI$!=3^T.)%,```&W`P`1`!P`<_8+65 MK:3*LD3=Y?',EB]RQB?C2RS-)GER420D(:%(+4#ZDE]_N@%2(BE*I$A*XTEF M'L8B"71_W6@TN@$0//WWR]PB3Y0+YMCO*]IQO4*H;3@FLZ?O*YZHZL)@K/+O M#__[/Z?_J%;)K^:_^QES"T">&SQOC)SW<5)K?;\_'R, MMX\=/JTUZO5FC=G"U6V#5E3)$XO9?VPICH_'P"\H_K)6_KDI2VO]?K\FGP9% MQ5RP94DQ!U'GS.#.L>',@;;6J#>;6E"6":?5T+K;<*L20050[537%\L*$UV, M96'_`7+0JG6MNN*!]-@.FL&GYJI"N'"GIAX&14T:*R>H<3QUGFKP(`F)8$DJ M!,):[=>;3T-C1N=Z=8D'VI:04U3MB9"/'NB$2%6?N*\+^KXBV'QA(6YY;\;I M!.Z!]JN!FH]?A%DAM<"`+AS;I2\N&5+#!;OUS5N]T]JJ&A*I MK>@M*&>.*2E+R=T/R+1:;U4;W=-:<`_KK$K6?-#;\#P(V9&-@F-;]`(P!<[EZ"F_6;`?O@:6UU5\(P0P54 M.P7W"LIYN,:*R*FER:GEDS/1'A\OG/G.#9?B[(6)RH>@F))` M"J!HG=8264C=A'#LJ=LDJ_G,-!GZ:=UZO->9^7AM/U[H"^;"]5>I])4\*,ZU M[0OSAAO`,+RY9V'(]GCGSBA'RU]P.D,%/%%H$(AIZ%?:&"O9I&@1R91@;Z%A M_D^WJYJ,9Q[!P0(!]?N;!SK\F+>A*;YYJ:^AD;YYLJ^@\1*SEV^^;K])5J#F M;W[L2S?`-Q_UMAI&A<'U+S']4"\CC#]T1AZ)=C/K_Q_5ZF>;+2?EY)P<.?7P M%HKT>7@YN!^JN4!R:K(G`*(NB"IUZ\UQ5MGAP5VX/Z>Z\#C]X$^>G@"1TUIP MDP2U:XG5)=%+:CMS9F\@*V=43\1,YU1LHKM&X;2V`J^*1`4=2G*!H-M9R8G1 M)8VHMGP**4J(4%"M0`:6[,FQZ5%XC6;U3G`Q769.96#;KS-FI1 MP:Z8!6X2;D\=GETL\+/4\A=9)(6P=!&2`;>@;4>OB^SR@'_Z65$.5P](GL$- M$V]>6?HT,\V);@FJB$8(8+^*(+V7;F37)@@/"ANIQ96BVD@5N8)[(C.[GV-L MUBBMB;6RA]TXX?])O):4EIQ\&U\%H\KEW'DN^FAZ)R_`NG_Z)9'-\JTTN%*"/2?(0FK M3;#UCM;I@KW$MDR^`RNJV(;6TNH1Q#L"V`_V3,IN]EK];FG8#J$&AF8#&+75+ M4G*OW=2B.+.-W8EGK=<+G1F#EX6U!84!E@YH7$F!'7+&AF[W:BB,K`L#V$V)P->I@C$2SJA<-.$ M_J;*E#CB17!M850<3S9/DP=/J>;4;M=[T;Z_L5U*-9).J]%J9^-[SYT%Y>[K M/3!QP7HP8%U@%E""L]5:K48C9JR;N96`*EL/:K=Z^5"%>M:M8QME!>-1"TED M4@1%)J5`2K`;"O6LJ/"=?K=93S#4G3AE2]+Z\?`G@9,?F]WKKV5&L_U>)S'F MCK(I!"1;'*+UDC.2K4"X1\U/3!\SJ\P4M-OH-.)8DCD5A9/-.CIQX\@")QA2 M'BB$+UY9]M)OM1('KBB70CBRZ:3>W!%'^6:BU;5^U$ZVMTCYEJ%I\90Y!8%C M3T>4SW'N0V%U4U6UIO4U\H!T9&HXIE\:DP=U3+A?.',[^I.9.VO37E>(0<32,ST!L85D*N'7]'0;3JUE-_V,K#;K8%=6 M6=8=RQ0M&[]\\H46.$M9=(S-E,;)YV2=;5C+Q?J`CC,#U_)`YG69^4'NT5DF M-^LV;Y0/UZY^L@1X63(I9,3R9==1L=S2MW^T4PU/4V>ZN MI-@6CX+(RE37!F0;-@R'JA>>9*WW>LW8C'@JT](@9IN!K7?[C6X1B.D[?3\Y M`I<][B:00195:55K-[KMM5FS72#L!WTF;5>U5E.+37`50"\;8^98)N5"[<^:/CF%+1E#\Q@XHAZ+H4932T?FQ[WT9^9:)*2Q;B M6Q6RH?J1@P>[Y\Z$E6,IT$S1Y5+CI1N<&[EV]A)YF.7(1O$QU=;5ZU*]L M95DRMM25GDZOG@^<.E_)@G)GYIS9\IT)%X*&,E77;L=4E\*T='QIX4*_U\Z+ M#Q3M0&IPI1FWH:_W4LVU\QMC5%D;\4"7^%8]8YR4&C==@S'&I\2 M0*3E%]UZ++W(!F(5^):BBVJ_$W/<"9Q*`9*:`33K6F,7)+>.[41+E-F_&]%D M9".S$A&E[=+,@6BEN2ONS-7ZEP<5?-4ZMCBG$-[2T*;?&V8['.+A:T#,H7^" MPXA24>'R#75GCHD[185:7RO)'.,#^`$E>-.*2^T^C7XGOJ_Y"VH.R/GF>`[C M3EGA;;^>(.$:J]+0I.F\W=#B&[E3`4&R5+X+CVV@C/`HR#Q-!UT83+,QWS2) M\]GF5+=P8OLC9$=@H#_JS,;*=_;J;:$SS@0\NI21@GI[4%EO?/(I=^80-:V] M@7U#&DG=`]:WHX^TR/3@ MZD@@7VH+PYC:ZL7F\S9R+!58^GC;ZNL)8N9B5:X42.G;ELI?ILQP0-JN*^O[`+G3(6([ M+TYG0*P,(#R2*<.0#^\6,@,?O%!N,!$SSAW..DVSS@1CV`E7!JGD7J[<0A4T MIMB6_)TAEB=?_L7=\B0X,W_W_"F9D;-ANXIL;/RB@XD=`GJ#_X(W&+%@+O57 M*A77!VHX4UM26=]2N:<&C;V)OICV=:XB M]RN'3RAS/1Y;."G1R;7[F?I0=J!9O4)90A?M,UI\?;D@YKW)G]OJ]R&A#$M# M'>B!RG!AY$#J]`MS9S.5IN(Y1GYR$.U!RI[V9M2KT+DPQ@U>;E=B!S#EC=YM M5ZS[$+F6\4A4QW'O>]PU.^9"T/_V'/Q`(V1@V\?`VKNR.UV MP:IVIO8JZ7^)&]EQ2@&4R&=;@GF MQ?;U;6%8*J[4?8\Q<\V(ZYX[3PP_N9!P>&W,2P76-I&Z-@!G6G` M9,H8+C1X,:C`MQ#NQL*QJ$N7YSN68VG]5:::C>U>4*;972&RY[DFG8Y^'O15?9"B-8&S/WDO9K6[:V/D]NSV@)H4L_4 MJW=W1`-#!L>CD"ZI^GMMKY\77([SB64M61CO!VC:_@.(Y-:VF1:$FGZN<>[( ML]E>VTV^+YO6799/RTY3Q8#B5-FE-M[E^8V+F8&"2N'0=93M-HK6Z:.%G`'$J< MM,"QTT_KM[M*@XZ\T8CU M\7RPH56"E5T#,DY.H;[I85%:HD.*S0*G,MT#PK1W&=L=K3A&"/:AF$&I*52P M#(DF'GU9^CM,6C?^P8P=(.P5>6JFV4NVA1UQ;[!V5;I\+Z%UZYU.ENZ6`&"? ML-.\1"]^&&L^V-DSP2MFZ[;QEG+3!$2QN965T%.[RCM!G#EVU8K4G>334=(E;4$ELXV@TO*W9'3AJY&IY7% M(Z5TV[)1IX4'S4QN-`5T\E?BU(ID/'`N1=F]3NQ5YUT0[!=YZLO&]6R?`LR+ M?=[(3J@W^Y,)LWZ\0^3[,SS-!L%B[4E?/2]<;/E"&+PMS38HO& M6@X;9X]K<.=TRFQR;J';'NG3*8POMXY+8XMNMSIN_KN;K%Z!SZJA#_^RW'?` MZ/+N8O3;_8#,W+E%[C^??[J^()5JK?9+\Z)6NQQ=DE\_CFX^$>VX3D8FZY9`3'^-77?R>\9^T`V M2JR1*MDL;P(A_++R$6ABXZ.7^*,)J(@(]]6B[ROXNSK1Y\QZ/7'9'%RZ39\) M#,"Z72&"_4GQO2NLC17'P8_:ZA<2B%"72_T!^;'#3HU%_]TR/EE?:.Q)ZXHE-3QR/;WH4XAHIXG#BSJC2R:JTK_!0 MP1_(0H5*@@@?--%MDPC_T#J@HJ,9S1<6F[P>P7W#\XM0>R9W/@`?,G?&##HN M?<'/VU.X>TQ"#1SPT[KO!%DXW)TX%G.(,P$;YM2"?!&86YYRRDQN`@+..EHX M)>`/IQ3+&A;##U8$Z"@G^@)0&;XSET"A570H_>0`]B-BZJY^1%`Z1VH"JX+/ MMZD*`E^)@U1\[&/NZ.88B]C4?7;X'^*8W'D<]`,C$BY$>P+LAG(`QI704,@R M([)95)='^/HD?4)$G=7C<''D/UEU19.BFA&W-]'Q,"S)0&K7I1QX0]@V]@2S M04D4$%W;1/"&+BB6&X$PL&&G?&'6\Z@^9YTJ&M48L3U*KP0#D$4AK0KR64 M"+% MZB\7E#1"04G9VHK!^!N'#XV_5_B`;XP+]#QAJ_EK!!(X<.J&H89.'$T8#@5L M+IVLZC#0M<8JQ21B1JD_*`8=!=4B0CL60T,4H6I'I2YU=X,G:J[:M:D=2=G1 MOQQ)DCC*RHJ\4`X_M+V26(X__!B0K9*)Y3RK?9!8WT4?!N,2.C$8U<"+ M)?"5/"4%S`KE".O9N@<#'355*+&\C*IA$KB),+Z9#IC&E-HP@M$%$#.E0KD< MFV'4E&)Y%E68.9WBSE$91#@3J0$LL#J71)8:O.#0-I4QS9P)W$$6B>N&@XM( M6`5UCI`.EV<='8$;X:X._I'9<#U7YHITS:53`X/`)Y;U&L1`)OQ(EG`I%Q10 MHDEC>,:17E?KNB@KQ`]0=8&23M41H$`(>067A6:K;.:O)BVAWDYU$[-9-Q,SQ+/`DV,=U:0Y0YW?/ M-J1Q2EL**`8ZA,@=06*(%J]^M-2IQ.P>BCR2G7N M^X1+4`MNSEYS"QH4MJBYQ$.@ITFB=,P]4..J0J.K_,C;M58)0+ZYX-MDX,95 M<\HP2S=4^ZZ<&+78'/3N=UDC'#:]75&7VQN6YIMG0)"]R%WV&29]HRESOB>9 M%*H12C'P,\"018Q52HJO`TN%(`34NH..>3FNJ@Z.*?,&\T0I-MKG+N:VCP2G M[)"ZW/0H?LK27SC/:8;RG(UB?TM8@@B^^?=*6/!S'&K]@GR/!]_]0,`VB/KR MVE\F;0DF=,%Y&O)M+'#P?D]`+PL1!XH;#IL']\-HV"S`G&Z=P4Y-R!/U+P,,VKL^%YA&ABW0O'9!-_]C!2_6P8C>1'$%P:T,6/ M0Y%&IWY$_#Z^:L=C(L\Q(R`3@>1TJ00IBF,H_9G)B$*,F-`;]26>6]`(0 M#AIR)T`D><.Z?ZTJ4G-Y&/8Q!KA!FN#G8%(UF!:K)"0="78,U3089D/_ M6M7S&R*P)QGV28X>AR2!"A4',=7TH5)'46["&_^.&0NT#U_N/@F:)>BY&(8Z M"S_#4!^%%`S:#R=^'4P5-@L`-;&&8\<26"0?0K5L&'B:X!R>9U1681!Y32:( MEXFE^M)#+36@QH?`^!#I#R7=SG>1D33'..R/$X:C/V$[C1 M23+E'+&`YL<"$,^OH*G(?G4M8_S0X[7L[\`J^CLV>"/>X#'OYX>)VN*%R)22 M_%-]I;:886!*]X;4\=?5LO:M"QW"9]K.,]<7[ROJ;ZD^]/OE5.[1"C"S5[\A M]/0$1%TB]!PB2+IP5]>+\(25#+!6E_IVE$B\A)-.FZ.E>$1U[IBO MZQ$5&4^AB1P(Z?YI&!2"R/BLA[F6WF_,G3'(.]&.ZW4ZCV;+576SK,D!W#N! M.T1.MDT%+&+J^Z)><]C4$AB2.08#!0IGY]:^7&6!` M@A1%D2)`3=7)L4ABZ>GNZ6UZV7;]/VZE8]3'!,,;3WO_R8U[>;V9S;6HS':) MAE>-U.7MINR5>W71;P-EU\FMFJ,Q=?#5'&&\+#J5^8ZA]3[8[GZCF/(1K+EJS=5C,U?_6CR>JCF-.G4&>,[7 M<([?>I\_+3JR._NF?^%>W)P=W+XY/L.U213N71[>@GVB`=L:#?XYSN!9F$Q1 M/6D_+4Y\3_3YMF.>;]=$"*VDV^4^*!+T>R9,CX/.BD!+^N;)QK8[]RL.YO;M MD>[FM1:/>\;C4P\]&^WCJ!PMJ_NMEV,I;+V0NUC,?G"O?)%Q>WGE"DG(OB* M6QAC.P]/.J-$BDQBK1K\ME1.QX%[OK):T695_WZ50]>]N+QJ@7JP!-Z:P#?] M\Q80V.K_%FHMBTGKQ]?FS6-IM'E>_W/#];C-M#NJ3+O^OAC\ER/.H3LY=&W` M6:=W>%/T"&L^FD#85A3S6!NTA9:3Q60K;="]J>AW1YT"T@19;I7TD1+6*FFK M6JR2;L1[-U;2Q>=J)Y*Z+B/KVFX:.V9G37Y7]I/=;;?>LATP3:4L1K5^X1D` M;^,T2\MAKL4DYN/MZ7MN]/1](G)LY]]0%1"?OZS.OS38]928PC'YQGD8"RLE MU%/:_CY]64&Q+(<'(1-(0?U*'FY'_PS-B>G]GR+G7WEH#@RX-EIG]<[.+ER: M7T";6+>M%5,X_#">;RP\UI]_)BF.8W@0(14V@G3/?AM\5WWS2N> M:5+\I*=&#*0G)E(U/L5VL?C2%+_",0XX"6(:"D\!T[VY4<#PZC8%B.Y;!$A# M(+]/J?P,\X3Z\8]`4F?80!<>/,"9:+XL'B8R>E!SYQU4Z%D.U=,I&($F1SR$)4>G M?^<@9X:!I+$#080-XY#>G+U1-."ER2$X>LWC"3SX8Q8[HCI#1.V\\;MWP(,>#LQSQB)5C9!3 M+Y%Z[%W1FYE^FP&*@)]H^:DWEGX>RH[:#RD.A'`&Q6I)ZP:3B?0#>'\X9_3# M_X`KPU"-<$&^+.?EX.-Y4J``6HN31RAO.8\"^6)Z"B M!79L9MPJPOD+39A=&BJ31_AB6;9CYB7C:ZC5,ES"%]"ZX]K5JK$I."2H`!A, MB_B>^EFKYU$_:8!7K=@MGL6R`*Z+:!)&NG*Q7Q9Y%#B(N,-LG8VV$_YM)B@M ML`+^;;!#%@--%)L%!`ZH3D3(3);3+17QBR$>0Z?;0_2>7ZL1(_RLB?@>3/*) MT1Q<%SUMR+4D@NYE8G8ZQ\U=;FP%%>%5/S9.`A`ZL(I2-'@T=`J=L]"Y1CN!R>YV+G_1+Z]98W8&FU&82A`*8 M'$QE^LX7<_TL#[M[^\#OQ/3X%$ESU+G->?576..E<\)"'?O"TP)3>OW5A;E" M4'^@BS_!#J\,5.G20)6S*];"J:F%9W'&'>N]VCOO5=:1MD7GW4#>4)&.PQ`5WH;6*OXKD;RA\>NSH5\P1$.*A`&MI*9D+F M"%H?"]5")ER7(@%$/O-\K1(OI""_2I36`[K%-.2"1]*2?$V#[Z1L4B*TNI@;K<4XA&&AV`%;#7/M`S'2D`CJ5A!;\HA`H<3V(: MVJO,J&!\_]F@+%R,3730(NA5IK(=&580=++40R.$<[3#C%=W%?:ZDB8;& M%"C3[:W:/>SVXH6&B[?LLS9YHYM[7$U"9"L<-R"1^'1`))AR@,81]S@.AFUG M]#A,^UI-:-3&*-\8Z_D4M(_4!E)#_N)1!+#XN(4J'*ILE])(6#!;2C,)+"F! M)Q"G(9JWW("EO(UFXZ2P2?2`[M*L2QPICZJ)MCC_>)D+Y M)?"@\XJ0KP'1U=.`3%<&MC2T%@FL-EU MM$2`^LE(]BA7M>(0:5?(&!_O8ER]7*2"9MUB:/DK%@3^Q^H%?9/H3PR!%'JX M?2%@J^[7(Q=F^'C-5*`5"45F3AND3ZTQNM+JXSU#8*^2.SR@DZ=!G9^[EY>7 MFLT&DAZD[:+7FFG0I#7TJ]HSES=EN*GC;`GI*A%8A;+O]OL7CX>2T/!COW-S MO0BI:2SHX(`"+^4-@Q;!A,;%U*$\TLHP(:Y\\!KD1QF80Z;Q+X,V7G- M*<2$LX_!?9THU1'%QLQG(PJ$D0P&,0G2;Z=#E(8)OCFH&CS.'YV[3C$`S9D' M,O0=+T_`&0_8&5?SN@0'O)#+#&G[7LUA!5<>YX"%.(7\7BR\`C8_R+<`9Z\: MEQ7HF!O/VWC[&,>QO:<=QU9.[HY@Q-AE]XDCQKI7S1G:U39XMTK9U^M9R!M: MFTFA6'NI%=8;0LK/YV?3K<]UN]6#SNIY)BFYVU(`535?S0W-3#$\]"RG3TI) ME*OXS-6\Q6>>IH8X39S7>,L*-;S-ZO>$5$NK];0Z]/2N%9E0+V$FTY?""*+Q M\'CV1];0B2JPMQUT]IP\VSF[V`B"?>;._M1(\78D].U>MX&^6]EG!Y9=A8]% M0[KQN(:\-"NQ]LO11?2AM3V<+>E?+.F?M5+M^5H:2RT*PV`(QAOE+UG3;=^J M_?"6FY5U+YNZ;33;_BQ#W=;+?*Y>7F<7G<.W:K5^YOXH?-5K!X'W5(7X7&FA ME>PPJH%K_ADWO?_V<2E2#Z5'N68>@R-#MCXQ8SG+DF"09ZI601]GFZEHE50Q MS#]3V6(;9H71TO'Y)AEE_C%438M M?AA$(O)PLEF:P8NIC`-SX/B8.W5.Z%I8*KPF??6S/3S6\F7[P^/KLR<>'E\T MYRRV9>`^Y>CX64R&/1SH7:YEYLH4:Z:I4J41GI>,"N=9]\:RO_'GI MI&\;[;B\JNZ.5W621R+W,0__P$[(2V3SPYQ;V^R`9\*R/=<_6)`%71/.:I[) M*)?I867;WMSO0[>^:D-_=$O31\;*#M^E[C@#OW?@]NGB2J['Q.2QXQ1,C8D+ M]EK!SI:\6P)R<=T&%70I\'U*[]F?^*HYAUF1;->:W%XY[Q MV$97Y"LUT"GRJ#C=J2Z;ZDC5^L$/-=SNU>$+$8]/HQ^:KCVW>]:&`/]1J^MC MG1AC,;DOE;TB,^4I6>_/T?2?E/C*5.XB]?KO7"29I$;_88YC`4CGZPZD\1!_ MB"?2R<3W:O8T9T?3.NLZ(*IN7F*";4X7&POJ7Q_1(!+CHO"(FZT?L64CR7UV M"34;@[:F-L%)\PF\:+[0'['P4JG/7:4SJ-G3O:Y=.3=U7M79LLB_%SAW!"O1 M5G48A2\B9@&7&G"66?8/I]4_*OG]^KRYR>^7UT],?F]0(S(+KLW5/X;T6KQQ M0`*?FG82U(-Z0=\0S^KX4*_;,)3+N9U)FO:F^YV]UT.'/F-G9DND`Q#I=C1* MY`@L3),N'R.P+*,T\,I%_HFEB@>CT$L4G-VSG5;R%!2OE#_25)YI9@SN8O=! MM4=I`JU7.(,OH4SADV'&L\G^3GK4#W[9UWK(W&Z*"&WKF6#/[5ZV(938-@(? M.D3@8_=2W7'>@,:56^GS67GK'> MX*K;ALXD;2/PP!_7CN`GEH M/%8>8A=PK+SF(O$D]J3TZ47FA#&\J7N&=W6<;9;0K5W"A7MY?;U^"?7@7VX( M/R'`7,,5+^$V6XUJN`T`(6AZG>OR"EVDKL`5,Q&$Q'%8=S_,LQQN4./%%BJB MN2;\8YKFF#G@O';,(G&JE]ZNCOTY^)4`N/7!3P)816C.:'.PKBNAN']=6?AZ M[RM('U7+W9`1:3=GS:T2O]BT#GG)<&S>S+%G!]?BY(6#NU6LJQT%H&8E<+L@ M?^Z*V//#EDI_6M:BM(1!L9AF(&SO=%@:OW@8.L@REGPP.CQ%+BW&8!XT*'?: M&&D!J5]$-$+K?1TFG[EUTP*$VO?8-83`IF\>8-PWI!!_[I]-MX[<=:OD)?BG MV/5B;6^2IIQS5)348NCPD++@]YRJX<.R=\6"=-9?GP11B8)R^O.+$N!-(MQR MEHO0_#H,AL;XW9.Y%$E#R=O8S530Q$!K M#55,0:R_F[[H!CY-(N*R1%RPDZQ$;#X16[L3-SP%>`G->WX\Z_3.G5/GQW-X M6'--NR>ML3DI+.>V??M:'#^MA9@NU;UIT,J>MCD/S:^VZMG*(TM>NVN?.[NJ ML=826$E=M)8NK;6T=S[NVV$W^[>6^IW-NVN? M.1>]/=&F2V4_=7O6@'H&]VZS2,B+$UB[-*`N.IL-$6\!XQY:%%]W+@[?GJN1 M#&OE43.0T43RVEW[9`.JL>82FDEL+]GCN?US\L6%E4][MY?.[?'18*Y":@8PFDM=NVZ=;3"T*.77UF5W7'MH]0Y#\N@;%C6/MEMM0%YW- MD-P"QCVX,+[H=.VQCA5(EKQVV]JHD[*8BE.Z&VLQ[9^5ZU#<.$9NO<5D3^EV MQ:_7G8O-D/GB.-8*I&8@HXGDM=OVZ193ZYMNVFE!]B;+A98+-[UI1R'X)\/6 M,%W:'%/)]J1_GIR!S9#<`M8]N!EHN^U;D60);#>N]=^V,&&/M2U^<]!O;[)\ MV`3T[\^'*S[O;N3$]2X;FO:*&P/\XXM,LR3P,NFKB0.W]R+Q4X8O*(3_F@/" M.I`OGVOH@)/F$W@1#6XP9E$PI:Y[W:LW*4Z`T$M,:8F"EV@.(EB8QH#S%M8/ M)W`=N)-N$%X6S()L[O@K9E[`%Q$/OH";$FG,-'!.@L@IN][]7'+&)O@VU.P! MQAQ<7C=WS`&.8-AJE]NF\X<,*9B-$*N\\;R-#^]H>@M!/:B7@'O%T88:Y26T M+_PCFH'P!L$M,N>=]"1U%5V4Q37'7C:%9;LZSVJLVY-H>M;PZ MUK.4G9P[P)O^U^L\/1T),?WY79!Z89SFB?PTQ#BZC%*:X?M%A@+$Q=LXS5(* MC?TB4NE_%O,)"*[T*PBQ7\+8^_9?\"S];OH"(!B-0!C]'F<20-"_PRR_[]^%V0?RKH?_DOA MX]VGMU__Y_-[9YQ-0N?S'[_\^^-;YX?3UZ__ZK]]_?K=UW?.__WOK[_]VP$1 M['P%?SQ5@XQ?OW[_^P_.#^,LF_[\^O7]_7WGOM^)D]'KKU]>?\=G=?%F]>=I M9MS9\3/_A]7!N>7%7SBGSD9+7PSF$9&WB+T;D?O%`/_B`8"*B7?/5%1]K7&N M+N[_]$-%*6JI2B]_FC@+593VHD.\O'F$5J]C`;1=J3!SA6M>L.URD2N*.Q`9L[?1WQY8DDF>/AXTPSB/"\.,=U)-*3P0R)Z^(4>@EL"9>GX^(* MUYDF9+^";&`?>T,B]/$H`24)M*O+9X[E3,^:&(*/@VR67Y!#KG M!"&=!B!DX/LL=@820($WI?`T4"LSJ8YL@0+PY51Z]%U)V13N\$2>ZNN<=!PG MV6DFDXD3B0QHPC\`0SA!N0>:2Z>@S`I&6C,\4I+1#I]1`&"=.'"(A_$!Z:"@31SAA(`9!B&?3H'1$1"@@ MN1_.^3(\NXXC>'1V+V7D``:^P<.F(LD"+X`=B/B\39TT]\:NN>MP`>KJTP%: M`^8^9*#A$E\BM8((=R-=%!.X^43-SJ7K:MZI%IP390E#B!5SK<;2"$"!+PCP M7#TIV`[O0E%SU[D?!]X8 M08D34/'_2#K5!^BF.8";X]KH)%_2G60U`4:`.7UP'$!DH> MMU94?C+W*&DKWDW34'CR86%]!9CXI59!6L?'KX$=7;T5D/P?(*AH'$?9Z-03]HVP[@SU-$O++A MM,/&IER>@8WV#_ZLOE^B8:>I1"(`'D6I"[<^\.8:V\"#/[UQC&$)W!&*JA4* M`:JBN3,LGF2$+XA,GDPR`110RCV3$T.W1W&F@S*@T@O8*<)"*U*O]!>YXBX' MROR=HX/NC44T8K/:@`H-<5^F(%TQW*_>BZ^LO@1C%2P.X78ID@B(GVJ#0H>+ MIN!_QW['^3H&KYQQ27+#]+C+8!#&!PT.`%^\*.#K.7R##!3E0OF1X:,$<_N%`&RZW#*WAVDH>+=%= M0;7F2+@>8RVPJ,DTQ,#6G#D6'CDOXE>1'`9`$=B*CE`\B'Q3ADP`$UM)=^-P M\OIIYF5Y&K;V%&:W9UUO05;?1C[^\[Z4V.5[C_CX[^,)CD.$Z^BN4M&6\CD)V)"$'A4W0[)8&+5[G.*)[))**X>ZEV M7&>29SF([2'HGY3/:"9Q!+)866GT/:IG4,&T;$-EH4P'ZPZN!(B=L0PYN'T? M+Y@L099S')].@."F'$P!5KSRNR>G&2EN"C.@M9]/G`_2QV4X[T#=@,U+D3:;0X"8`J\-@)ZBZJ MQ`,#)N7C(:,.#V.*,N43C=K"/D($)4G1X=_*>A/7&8CH&_Q?B+"#;19GP.IX M1#&=)C&X0/!ZP!R.][F$M8>A-G!^['?Z^@O7./8*\81!FA@\L/+;6!3O5A$: MMLS'"(T9@.$W8ECC-?6'-JEFM=ZY> MEIJ]HS#!5PP3&+QU'#KVKCX$8JC5/SIW'5.K@K*)O#G);U/73N&.F'0=5JB" MOL0@%KBV(U)BK%NU?\E'T#IS0FG%5*Z,QSS.#=S8!21M#RZ^ND+R%0N:G^(+ M93`('>.`XA!H"`"53@LM:]R(*V)I8GQ;I@[0^LD57`@UP=/7NL_PB+7>-41\>_J=R*L#^D.3!@J4492J+ M)I_DE/ZHHC'X*QIRX>71#=BX4MRW)Y"TMNH5W'BDJG1YKL%NF/0OH# MW3@.@?>7N,=Z#U'[>3OGX*%)N30RQ%_F-FP876XGX&BBUT'?),YK_-*+P>&E MO&E+HP;0Z'>9E2LK_5:38NBY6EHU@%96SC63+E;.-9]&39=S*X/8+Z_]GCZ5 MI:@PGBH/XLCG\]ZIF(+QOX3"HV@@\)?N1;\-C2,L8;<@;!NFM%G"/K8S MU<&)ND%?*DO5Q[V_WW6[=KSX<1*VU[VRA#TZPI[T^P>GZF';7>[-%_BU+L_T M2!V`)WK>N^/G<_?:*B!+8$O@UA*XR`7KF3`]#CI+^E:2_LKM6R/SR`G<.[SC M;PF\/W>B=W#JVG;CQ]ANW.+1XM'BT>*Q*0NR>#Q./*XU#5HS1.HKUERF+28M)BTF&S8BBPFCQ:3BV9"\?DQXR17Q@>?L6E](IU[ MZNCDJ[Z3.*N*AVG%0V>A&Q3V@!I%](7N55EI&2FQ0>"Z3I%K^C26W13WU:!O MM\T7_QV+*,7O4WRO!#`^8<>K+\7\N)?16?':Z*RX%4ILV\1057I>OZRVB;>Z MP5_)'\[#"%@I>)O3,]&K$T2C&?G]>(OT@<^1,=W&G]G0!]E3, M4P!')EPP6K8P]F-\59SI)H<.[8(,?UWNFC@!.9@I68V#)23W3P1Y2FUV??U^ M;NK'78%Y**1J\TI,43L><@ML_CUK[XKFD2 M^[F'X&9Y$G'3P8#G+U%G9&X,R`/-N(%C%M?-W\3QAS3:T?-X@80^;",9!CZM M1744=M*Q+&:[GZ8J[B.`!D)S1"#8=P)H'$!U'?YV*]^C[N3[E2<2TR MFQ$=V%F#X:TDZ^Z;#4>`L_F+4&LW"PV#5ZW<:B\MSF]>EO;23(']18]":YD+ MTNU]IPD([F!*:@@[Z*,%$NPK+K M?9J1).9A)Z!U[D$9Q$-:/74>.3''X,YYIDR0I+A.5_T5YYD:%_L*&]1RC_Z* M+@3Q/\I#D=#(GUD@[U-2L8'>R<[?N<#Y0]0=%K0!`0?_<9-;=(=`B\V"%#O1 MD_[\[F$#6;PD'H`"`A"-A[%6*6<`Q"NU)DZ4]@0W3M9ZTI<3/96'.D7PU_AF MH^,"K`1LCFGP&GZ(VB#SI%LKP(7=@],Y3A8U!AE:/6 M%MVSEZ4="ZX@"?)Q@M)4'E%;_.KZ`G-]51V'*JV#`UQ`[@<\KR5(283F>`5/ M"D0=E\(6Q4/6TQ`TG])NI;L"5]"22T\F3^4P#YTPF.G1+5(-'7,-WQ&V_8B& M0.(0,0[5@;.52A"JC@9V/H1=N1+RHF8O\IXE(CIF.(Z'R.,O/&/!U(Z3U]Z8"Q] M>45!_8H>GA?[#"J2HW'Y(`P\=ARC<@)).1]53?(T!F?B8%.9>DDPS7AD2+EF M,4#/#]1%D*@;.4X(`EMD/$QE].B1,+WK,]?1&"Y$3]6;Q'FGV7U,2V(W#QPL MU(GH%.81NI9E9#&^-V.(`;:,C$@9JY@O8*&8GF).B"O6Z9;/5J.R@]*7UL_% M:6CHVM%H435*.T>\_P6+QFDGQ`GTC8Z^ICPL.8XB-E7$7YSG3^#%(>P_!G#91,1 MA&[Y)Y(=Y;GKS`)?QL4[?(G&3,*C@\"9O8^3;S@F9S@$DN$LV4GP#_,!.."Y M$96E1:JX+PT6-P07_776OW[C_,J"H18OB(!=@&EA[^1&9>!3O9PK.U$C>^A$;8Y#;2=@OGS&/_^`-/6]>8LSD?TK@IQ MZ#H8"[C!2MF`8?XHI?&#:IQ4=0>[\(R$'Q9DY0-PYF"`',C&-&G[E960L8:4`3M2XH!40 M/EHZ4NGJLKD3E:YNGCA1Z:(Y8UY:!NZZW."'EK,K*_MY'EMVP[[KAK-;J#DR\R2/1.X' M8&B].C#M5B2YOH36_A6O>HT!VQ21U;+BL&OWXNKPY6&-%"NMIFOWPKVY/GP! M]I[4U(%EDAGR!L2]UMJ=N&%AIKY5;;>RT<9X<\B\?]=QI\HH+>;U_!XOS/ZN<] M&Y]G;K=K=?0Q4_C*O;II>W"D]7KZ6#M46$RVJ-?']1ZS1U?DRQ)XC4\@O:,\ M/$S9NH\7*N1U'BAF:%&J*&8*A@$E6`9<.JY/; MVKOH7/VD*Q14AEFE@B^K&$&/:X/"+5"JZQI2@N&^%M;K=LY_PO=VSN"?;K_3 MYV4"&/M=9G>[]+8UR5U/W@?KD\,;OQ/>Y8FNP=FSH'1([ASQ_K?WM\[)^QQK9O@-OP6^ M#[+PO4@SON1VB'>_ZCA?%"]QVJ3(LB084`T4YV/60:`95&^/"H<.@C`\Q[C[W,/KLR?F'IXW)YFO9>#:/!J;>WCT!+>YAT>- M99M[V#:9:7,/&W`PKBWPAPS8IHBLEN6H7;N7US;.?GQT[5ZZYQ=M&!&RQ[/` MO:\OVS!';NW97WM,*"-T:<76?OGZZMR*K2,F M[_E5&XSEHTY9.,Z4.(O'EYY:^.6X4PL/[A#;C,(C):Q-)&R`-CG6]#>+R18E M$C:I]]I"Z[2R\5I=LM&!V_YNT'IVM]U^W^D>EW'T:?B[O%?3D.#5GY,X@C\] M;L0,M_Z/S&[]>$K3>^)CZ__;,_K_;H43VQ$XU!V!>R^K(S!./X+[2RYQJFSB M/(R-E1*Y.:WF/T;..UCH9"`3(Y.3.MH&:9K#1C(0<)>)R!2/*<[(J@QI MN;W[H_C4??-JH0TN//H41XD@H)PW3EU/QQ(V]XR[SW^,O'@"S^0NNO#(5TIJ M!UHO"$"\S\BG[,N@`"3-IS))I8]YD#2MT9G"I=3D%!0'J0.Z!X"L`>SL8A5@ M-4#]#'P`:B;*BB32NCM*P%W43'(XY&QKG+@FA]C#'KMU\FPT;RRB$6=?\W(( M'0HRN$9@/UZ/LE#RLOE&6E> M!>R`P.;&Q`:>[X,P=`;8.W^"Y?/)G,:I80HL0?)+#.S@((=QNV7LLCN@[-]E M0,UY,Y3RO0@VP4IKWQA>>HZ(<`80MZ3%I)1@8G0^IF$)Y3NGU#+:Q3[+,_B! MLXBC.#J=)O$0)^>IN3W-[9^J]HKSKSR2J[;L,8\]Q@ MS`\B2)P_19A+YS8I5T-P^_L!M5>?ZQJ(E6\E MH7H9M\(6OQ`7>@H[A6&`KQU3-/4]U"NP_ZK37=1-Y&[)[U,]7L?YP,,L)D$43/*)]_QDNVNI$7B]GX<1N[2'&JLJ=-X23GV]Z MTZT52+7?ULED6O2 MUBQ'[YBCSVRQW-[XMZ8DPO+O;OGWO->&NI.CDN-=G-4:VE37/*6ML*5*32Y&^8'J>_#Z542K5&?Y2NL"]2)T?SSI7#CPN MQ,PT3(D#@,:/;*-,B]V^L_5SH.,V=429*D<)=7E"%W.Z0Q`YGX,L2P=Y,AIS M1F((*P/[UG?$")!!Z8+O'/,>AG&QF$EG(&6$KPYSG_M2 M4Q)^0OF!$25IXEK".!J=9C*9.&$@!D%(F>"4T8.0#23274RPA.L?S$J?J7SG M1$Y$$!5,X>`3FM>@_+.,HG0>SD04".?3%"O1\@@SL7]-!#SW8AXT\54$)<-!8AE-G M"#N=N(%XEE)TX:;<;A]SCT:$14\D"?+,?0`2(,#D M7B<>@&RFM%-B:Z_(%>/"D,DTC.>.R(AW,J?7[\%NB*<@'?$9E(Y.DN1TCCD1 M5&D!NR6(?>1RS)/E]P+V@`?34+.PY("$QR.E"_^<(@`LD"U,9D++QL($)*"T['"`=FQX8('6[0`#;T+/9` M?\RYRB!DD0/K%>HE#%1G*Q&[ARD:Q0LYU0Z6/&K)T(!/7(!B;,`;O0$%%4B$ M@/*,U.,P"/4L`$F)Y03[NR#-DL#+G+>PU[)B!,1;&B$2EC]CY0E8-_`[;E(Q M0B[/D)%1+.MB+Z6+O#Q)N$9C&'@X[P(P.9!C$0ZI;$-7AN6@A4%.)VEQ'R?H MIUGL?>/4]'(%F&E.[#N@U+^,N1>>@0(4UD4WC>,0K0,J9W*$QYL=`'1QV2,9 M@=$0\F0"I8-2K*&2(V'N5%FWI&(ILR#F8JBA]/%Q#I:5)&J3B'L`"$(1R[?X94$T#-DXXMHO`%PM0TF*12PSBH/AT`EPQ(@DZ/-(57;#6N%Z MV+O)W/'%1(R4+N8BGD2&@1QV'&#$VWR4IUD=*V(YCEX+5N`@!LJW:M:@WCBE]4J;"@LA.J'E=[QJCO^131 MLC_(00+6W=QXW3G;OBY98I$OJ$"/7B$40:A8)4B!<5,%T]J7.I\+6'4=:O?J M#5CLTYBK`0QA!!]N@3]#@V3@90HS5)5 M((6>08.'RI\^)50J9>*O;F21#_83[.ID2?%@EKG\KFO\M+PF`9=(,011S'(( M$Z2Y*`50`*@12;D(D*@@J&/&'QI(A((52V?]HD?2%$LGJ:[$R@DF5>N"8][1 M1J4VV[_ORB?>\A/-\NW*'JX1%[V^%A<@HK7A:$@+38L5KZK9ZL;V+F]E4V'Y M=L';0(G/90&\3N!H2R@Q=P,IP*J5.>[_BRE\9#Y]71&5\'ZU8 M)/F5*Q9`ZUYXAU)K/3UL"0F-$L8WA`MP145,EO.<5E'"->&`.Y9062?EJB"$ M7(,'SB3:"&_1!?Y-1*"O23^^C2-PM651QKH@R%?`!6!Q)?#]./#&QNL`4O3Z M>6E3M#]D14JG63#%LG&%<-@5\W6<6/0)&.8AV3=QF.OP!A@UA6U@Z"*UBL(. M6V$`=IR[,3E?%)=`,-0N6;DG!J#Q@R$B)9^BOPH0$0IV"95;TA(,3@QN@8UM M[`&<&0?U*`F%CA8[:YW>^[V$IZ00A6J3W,B#"%.E>C:U.:* M7"WN(\"#_Z`\PUIO$N'ZX8:X+]V1RD2\K50$*P:M)AZI(C1S;*(D/JAKGZ8F M+DVCLOKZ)3DU#!+4O_>Q`G@U!$7`M!1;"T8N]WHHV)H$V;]$5%4)%7E:&OGE M-,(@\14L&O0E'%-H1:8(@MJ)W+-@\0$%'5U#HE410I$<-DZ70.T69J#2#4M7 M]`H5M*R%UV!RI57_X*YGW5`-:)\]S:BO,^8K1IBAF`.VD7RLZ!>U>GZU)<\6 M/&AUO+L:QE!N$"!ZM?F^VG3_5QZ:H%QJGV"=@'R[M`M7"AG=U&+=SDBDTADJ MOHU64KJXN9=O[!B[FGSSA^A?,%<=$!C;D,X`A)LWYD#_,/!S+R!7/J>8Q8#5 MLL$HI6_/L0[N"#-4AFTH[CO8]D1'4XKN'JN@(30L0$2!EJTL_$*&>X(:*6`0 M`*LSU2146@JPA)P$4=$QY>!Q&$+!8BQF(0[S>4E:U!`48S./"\RX*M*%2P)> MC),)7U-W:%-'#"_&`!L2?H3G+)%N!<$=?E!#PG/`M\4^(.OWE^DW$T(>Y3NO M1HI;@,.^")E-OIQ@#))YZ#6VSB"A<9*^6A1\3]A?S?7GS2+L@`D^`<-W(*E% M3A#-XG#&.-5UUY'I$&A0UA/I_B$+$.B4;Y%5L#>8D:3D=5, M^U#C$7#/1#IVAE37#>Q1;FD-E.N$Y3%`@%R`6QR;O,`&G()$!WL63\BU?M/^ MBP(+I`_6I&L#"19-/^J%&BBF9DQY-!0SV&=X&F^X&1XY+H;\$M2_;.7"AUP) MOXOUQV\8IW!#KJ_C^,MJDG!MM4M8MW39% MT;JI>_ZRFJ*HGG+`%H?K@;);[?87.GW4D8GS3WB!&2U0I/J0W4?3EIJ>W=Z] M=;A#6:7GV=4YN$DF=M1)/E\*]D>"-E9:1#I$V8`37XM=H,@TY:/S"A1XQ#Z* M*#L%Q2@UVY,)6'^IK,KKNO:(J$^P!Q]U!TOIH(.>QEX/2*T4S156ZD;_,E(I M*9^>U3RW\I3%>S&E$F0F%#Z3K79U047`T)JI@%[>RKV<\ MT.D;\':5&86BG=(M0);\(\U5#\!I&P9DT_J(=-XDU!"'WECM!\>)(@`UF^OT M7N(>=+B(HMQK-">78%ZS@L*]+!-;\$)"F08%?4&7,$@A%S$3`;<$DL@^VMWX M3^Z/.%D'$8(MYS1C*J94JVWP(5N1HJ3QBRA**7EQ+,G\%K5(3CE\36O4F3O* M44+\U6)=8U.'=@)?67XZ@A%*G!6(&$B?S:>S4+52W MQ=741^[XV3GIOBK%O&+]1*+W`)()`9'?@Y03)!1$95M=4Q"H"MZ1)M/5;\F@M#)<>`;H M,]1A>$0BL20`?R>I1&L:`;HB%MU*H!'CP_7(N?'@/T5':D`GA74PZ&D^=2@P M'J8#$:OT2YJ2+@_2I?`:^Z_5#$:P=."9\/S040V>*=,%.5<4J@Q#*A0T3/$Z M3HLF&PDAPB/.R2"(I,]IEH5!!`@6":40TOJ!;-\DJW207U$\0>NJR%9TE0;Q M5Z]-*3A2-ISQ`7J/L*8BD_6\&ICTY/Q@$E2EOEPA/IO+HAQ+Q8,J,@MG`5RF M2/6`K&6:UO;P(KHZ)R(M6M+ZV#5V)E^I,VEZWY(6644N@\<6&:NP+@D:E5.P M"B*WPL&EZJO=D-R7G1/;@:AX*'G*2K!*7S)#\#P.&183)!/,U8HY=..-@7I2 M)<"I`$/O>3'.P!"T%'VOH1*[EXP*A/\+O^2L?_WF'5WG862T MR2+T+TFA<"Y"4/,2Z-^!U`:Y7_JA>'JMW5#.[/T/8AT6^A_8_2D&@=491(B= M04=CHF3A4+%*3@UE&\XIKJTH#'8!<9&>FC`I@MT`%0KTI:,F\&B5BJ^7OM,8 M[#]-0O2MYXJW2L?Z=651.E^E-A*1JB1RZMQ/!C"?^K%>\!%VLB&1+Y6T:"[E M/ZIST0WD2$0JI5"89XFK\$YI,#J/H(R*%)NTU!!K MU=[9M=KN\%;:K70.);/:7-EN7PDJTF917`PPX3C`1/A2\Q$'+U@+/FJHAE'2 MN;/VZNOBU+L]#/@"+)_D7D::^C;RO["9<%L<7;V,0X(+XY!@&Y38PX/B\.#B M91T>5+C%><\B_DB.$3X6]2%EQ:*(>+R#;QX\5Y'P.121JA1"_:C38,$X0$'+ M@YC0U2JR6%AS<^R:"W#(ST@7JVD+58Q9:&,'RW#1\2K];](AAA->`U=QM"_8 MVQU%.KX/HD5$*DQ'6I[OQ.BZ+J(TSHW1J'E=S'=!;3^6PN$$]'(NEI>O>JOCZ+XV^4>EPFPB858A#ABSINX0P1XY1TI'@#L5ZR#'RX M.KW^R=L]\P#U*>DB7/M;R2 M"\"U[59]M=Z5ZH!NU3*E%GCL`O<+:AON,A_$T%'40T[PSDK1=Y\MQ#,.2$BQ M^:Z)K^*F+)J6)_$NY^Q@]1R#+[;4%PQ5_220L@("C*H&86%7CS61V2[( M+4*.:OLM&T&5O;?9P(+]S91YD?+T608)_<(&0W"R9&B M^H]4C"Q''ZGH6!D$?GGCQM8'I_3I^C(B;9/=G?2H[YZU80Z9I>MCFR>W87*& MI>KCWG]RTX#F^Z\L77=-U_Y5V^>$--6XH-G@K[$Z&9./2KOB6.V))]KBNV/I M\_/K%K"T)>^6@+1ATIPE[K9F1N_R\+-=C]#,:`R!NS=M\/G6V1OM"6]\D6&L MB[@G\0S+92C71B?06$-DS[Q>-ZBS<;QNR;LM>?LWEKS'2]Z3!K@1UA+9XXS? MUL]<;_V$M^.<)FGQ:/%H\7A\>-QC$-I.B6WAT4G7O;RTP!>KN"94F=W3@MD;;=-;9;;NCNWS`3:VS]]CO.CWFGD:7 M1D^CE>NVC8M"W;CH\F4U+BI9PF&>_DHAW9R>16;[<-T)7@]*).&"72?+ MIX#0>%;4'`.<7"77-"I,L"=SFJN!8#@'H.AO MSKJ%?^V8ZU-PT)@A:L6H$>H;'9!]/?R6/@-[ MHWDY*^77ANKA0QQG$7YSQTV1Z0=\P?=!$L*?_Q]02P,$%`````@`[VRD0,": MLBW2"P``1X0``!4`'`!S;7-I+3(P,3(P,S,Q7V-A;"YX;6Q55`D``U$4I$]1 M%*1/=7@+``$$)0X```0Y`0``[5U;<]LV%G[?F?X'KONPRCP?')D8?B@(0XGGXX2EG/9P'&1[_\Y[M__/S/7L_[[?S^ MQON(8D3]!(7>$TYFXKM//OWFC3 ME9S[#&1)G-5V>CS(GT4X_C:&9QY@BMF'HUF2+-[W^T]/3\?/8QH=$SKMGYZ< MG/5EP:.LY/MGADNEG\YDV4'_MT\W#\$,S?T>CEGBQ\&+%*]&)3=X]^Y=7SR% MH@R_9T+^A@1^(JS4B,O3EN#_]62Q'O^J-SCMG0V.GUEXQ&U`283NT<03S;]/ ME@OTX8CA^2+BL,5W,XHF\-V<89`?G)Z<9=+?7Y`@G:,X&<;A99S@9'D=3PB= M"\Q''J_WZ_WU"CR;`W5S'%!R')!YGS_NFVOHWG5..&UG)QX/4^6+W[TX]#+A+TZ6FE,&^7/_8@[Q\,,H80UV5I9 MN$S69@#N?`K:S5""P>*MT"@EZ]!:@GM(H+]S@[/;R8C,%Q3-4,SP([J&P6+> MZ)N6XAM:L-C*0T*";S,2A3"T7?Z1@G^TP:B7WB+$D<]F5Q%Y:O0VHY`"D+J3 M-G9'M5/G_0_&:&^%`SZ/2,Q(A$,Q#>22GJH_K$8%,<*3H/0PXF,JH64#Y!#% MP#GQV5B,GC`537U_`:/H8-!'4<+D-]Q4@][)(!]$O\^__GW(&&`9I91W!]E` MY(]1))JM/N_O&1[G$<8]_H<[V*,?<7Z'R?&QBY8NXLL-_(-+!KZC:.'C\/)Y`8M= M!)/?+:S+:=/"Q$K*/3JL8.OU3FU MX9)X^@71.0\;BH#P`B=^=(-\AF['$9X*#E4[`%O!KKVK3L+*I2PUD&[F5#2C ML)6T];AF$7>Y:L8N66J.9AS04*=2T*D`@=44I)UT]AO]RSQ(@-&=YRE+=>(T MS6ZBQ"J=Q*FPQXC,YR0V&KY>Q%&KUX%*DSL5WQB&(*#X=@*3GWKKVZX&5RELJX?D MLSEHX?J,KRHAM6L.`O0K&48;)!W99H;E:4BGIC2DE[H\,O%*M7F<2._5U]A/ MH=NB\+4;24H?*<"ZHV2"58<.7D58#2 MPYV*L(P(@_'E(R&AZ+J(/N(`L0?HF\I5B[ZP:^8W895,Z`,IO2[.:!8\KQW' MTY?!7W5"HRK5B?$->"4))7ZDU9V**ZR4R%,'C"9_*;/W\1!%4.<4/)F_ZX`* M8%1#HZ%PMYY2-?)JK#0@EF[C5-K&/6((M.S_&\$&4TB:G4H(@3V\<6-6>=X)G4J,Y9<# M]L2UI-"I8,=*L]S3SF$-I0Y^:4NZ2JL"JJ3`K2B'(LQJ"/8;2W?"A07^U0A7 MIDWRX5;\0W/T\#6FR(_PGRC\+XGX?0P??1QS/6[CE[?MAA0S>'0AEKYWB&(2 M&KC<75.';K1LW-V/U0IM=;/]V+'#E?+$=V,WV9&=BDAM6]_]>./??KB6Q:0' MZD-OO:[""RWFQ]U1(.W3'/O:T6&RX0P\/TL^LSI+YD?)Q;K^Y:DN!"D=(._J M>+QV]4>NR)L6A^)0AR\PG+^:"/#N*'G$T/SY\BM#L*59A2&&08(?A>>I M]W[6PG_O6Y4;G);&;UAC.Y6<=H%@A`MP9LXX',X)3?"?I8NF2FG+AM('QHY1 M%WDK@5/Y:4))?AW=%:$7)!TGDS22;Y$I$VA-Q0^,+;,RDJXMQ5[K%TWQ;TH8 M+I\#Q'CVQNT89A24H-6E"Q4F6DD>$"FM])+\.!4TS0##FBR/2O&8X+20]4WC)FQ:5=10=/LIV:DGU]K,8-]BN7R/`X1NTNDU9K(G-%!\^^G9KR MRD2GHC_J:X*STX6JHJILA5;BW1S/K*%A(=9J[2227K&("E3L\AG1`#.D>N7=0N;0*:MK)-ES*I)66`K>UY/EZ;T_$SVE=8!9$A*44P3]?9L@K(UE??9B],;N=W%'$ M@-G\L-/&%$K![9M%V4S-1*=5$PDQGL2HP+>^L4KI:]`)Q/K'SEP:T>T;3--0 MS61G59.!H)=)>J^X[&L/I+TBSO4-)P8ZQ:FZC>5TLMLWG:ZEFNW>5&TG)'O9 M;Y4J4*YON"L?4W&3W^TD'S?]Z#KFK[#GNV@;"S96LGU3-C99L^D/59OR*CQ1 M!^_'JUJ\.O(-!G_E]&8Y%VAD=S`U:%JJV?!MU88BA9O_[*GX4(>Y08]6QG2L M^K-5I&L+O=D0CRO8[,=:7^9R/2[HU1&N;S!5-HJ-N6Q2#=SZ=BH=.=L8R'CBOKEE%`D`!9.\JYJDCF9]4ZQ^J(:_R#U?P#H:M>AG M>NGM&TG?5M5B@Y.JQ5:R8J!2(-U@D$)37M$H90DL:^B(Q`'\2V6"^T=$IM1? MS/BO'[?^`>QUZ][!0+JO"4J#?:\0)P41=?58B;):8( M%E>V(ZZQ@IWLC/7-U>Q9V]<4Q+.ED`+O)M/5*BW1=KHJ".QBNBI47S-.;>.2 M;_B*<#;IL86[M5XNH[+KJ$K17?1/94,U2]6V(R5!KP)Q@RDJ'3/T1\IOZGML ML8:N2>U@6JFU43-2;;_Q(N.5@/6YY!BVQ_#/_P!02P,$%`````@`[VRD0+J4 M&]NO!0``!2T``!4`'`!S;7-I+3(P,3(P,S,Q7V1E9BYX;6Q55`D``U$4I$]1 M%*1/=7@+``$$)0X```0Y`0``U5K?;]LV$'X?L/^!4Q^6`I5EQ4W3!$T+-\DV M`VD3.-G6MX*6:)LK1;HDU=@H^K_O2$F6?TBVU=BQ\F:3Q^-W]QWOCI+>O!M' M#'TC4E'!SQR_T700X8$(*1^<.;%RL0HH==Z]_?67-[^Y+OKTOGN%_B2<2*Q) MB.ZI'MJQ#UA^0>=B-)%T,-3HX/PYZDU0MXLN!.>$,3)!KILI>8\5K!4\T7;8 M\-,Y1OF7'LPAP,35F3/4>G3J>??W]XUQ3[*&D`/OL-EL>9F@DTB>CA6=D[YO M9;*^]^G#U6TP)!%V*5<:\R!?9=04K?-/3DX\.PNBBIXJN_Y*!%A;+ZW%A4HE MS#\W$W/-D.L?NBV_,5;A%!?(A'JZS:R"(R^9=(R[I&"D2_K((CW5DQ$Y&DO1A+%(4MO(/FZUDHV<7(H@CPG6;AY=<4SWI\+Z0D37/04;OW]W. M%("*@.6(!E(T`A%Y9MI;K<$S\$+2IYR:@2O`,H>2C#7A(0DSG$;E`[9+55-M MM#2;R$69_.Q/S$.4+$;+8+$,-G5G";<9-8;4(^MES)B#4L6S_IRNHEQ[(8V\ M5,:S"[RW:$=XAJ!"!G&/N+`IX;\T@3CSV>A6PTUQ!Q-==V_U2+X,A0LA$IT^36& M0[I9'EJGPQSN+>>B=5O.9Z,6I*#I"OA]+K@2C(:V?.83HH]F=?V.4FVV+(I@ M#C$SA4C(0OXM=WVL>I9`J-\#C$<0"+[O$:95-F*(\-VFGU:>9^GPYRF@.]S+ M"62X1YC==TG`VQ=`X)%TX*=:!7)&:*$DM>4\9`CQ3%$:[1NFZV1-7XJH?.]T M(U'L0B&!\3.GT3H^`E%[6D\#)J!%.G.TC$D^*+B&:+UD=C6<*#(P/QPTDE1( MB!;HW])3F39:%\9>@O[*\C8"LQ4Z:+UNOD"AX.1YUGCM@<`DP,]%-`(@<)C: M8[J2RV+Y'=!:6.5*:9X[*$L4%X-.&?SF#R0RU4ZGA"5J\S(F3S:.Y/M\+]8:?LL8YSLWNH\K%[M/:Q6)K@N M45K2`!HO*]:^QS+\2/1U_P\A^X3J&&2J)O_-=-8Q,+9@5L[\<5V9MS&Z7>(K MJ'Q"O%>P*J?]]0-H7WZC8D9F\U67V%O2G;C#XW^I'IHN$_`"%AND[Q<35A*Z M"T1N2VG=J-R673F9)XMD[K$GJ&K-ZG)?75O=V'ZP05.:CYMU3=5)1%Y&(R8F M).EA;V(9#,&8&X9YY=*\2E,=^?UI8W)N_;IR:ZM+J0T5:^\*/4^(UW6FY*S6 MY(E5EXQ2@&&;PSU`4UD4J65D;KR\MAQN;$%.74V>?ZU%7G9GKK3ZZ1*W>),] MWO^CKH+7`K83AXH/_UALZOV-D-;1&IKV7JS-N_P[\5%P\ZD%N`\P#3I<$XA) M7<#MUG>H(_];-S*/D9*':-[\UUK95\/?;R`W<#V$X`LP0Q=88W3P7=W"WN&UL550)``-1 M%*1/412D3W5X"P`!!"4.```$.0$``.5=ZV_<1I+_?L#]#WW>`]8&1K9E[V;/ MV22+L23GA),M05+V@>`0<#@M#3<<KJ[_[RN(W1`R99E";?/SM^^?H9PDF8KJ/D_OMG^^PHR,(H>O:7'_[] MW[[[CZ,C]/?WUQ?H1YQ@$N1XC3Y'^8;_[F-`?D4GZ>Z)1/>;'#T_>8%63^CZ M&IVF28+C&#^AHZ-2R/L@H[QI(J2]>7E<_"V.DE]7]&^(ZI1DWS_;Y/GNVU>O M/G_^_/)Q1>*7*;E_]>;UZ[>O2L)G@O+;QRQJ47]^6](>O_K[QXN;<(.WP5&4 M9'F0A#47$R/C.W[W[MTK_E=*FD7?9IS_(@V#G(^242^DI&#_.BK)CMBOCH[? M'+T]?OF8K9_1,4#H.Y+&^!K?(:[`M_G3#G__+(NVNY@ISG^W(?A.KD5,R"O& M_RK!]^P%L2>\8T\X_H8]X7?%KR^"%8Z?(4;YT_6YTJ!W+5D%TZO9M+Q-\R#N MI6J3L]`W9O^ZH'JU-,:/.4[6>%WJS(1HWB]_!O<++I2)3<.6P)@Y24I*>?RI M=&"V6?3+:1KNMSC)E\GZ+,FC_.D\N4O)EOO4OQ4> M\CL'0:\J%9D.2]+6,R!A^2SZH\'L@N)5F%+T[/*C6(RL8+\CZ;:'A7GJP/1+ MO(H/+6J90W"6[DF(^XZ[>``-"Y23!3Z<'/UTX^04?$A^*)^%@F2-Q--0XW'H MY_*!__N=8+'THQ:6^./O@FS%=:`Q^CX(=E27X^-7.,ZS\C?,5W MQ:]_N>BC(".=6#':;H-HD1AO((6QI&TBC<=2$HXN^-HM.@X MS*&7H)\%.:";++,,Y]G)GA`6E`^FA0-3%;0P;J)5O.DF4L))W(0NW%=IAB\T MWJ)1IN,M!14*.,^WASXRN6>[Z"IH%ZC4V8>I]23(-G29P?[#@/<0Q#R>YR6%C!X&34J>MN M!0LB%<\")3A'Z1T*XCC]S-*E&:*^B-;I?I7?[6,4E#QLVDCS#28H6/]S7^". M+XS3%ZSC)7+S@9_^%QIH3HN7 MTK70`$$W&4"8[&-H"Z0N`L!0ZZYDUUM-4*WA/3_XQK2/FU=*05*0@N/S/`G3 M+;X-'G'#/L7@*&AA\*95O(DK*2$4?C3*=/Q(T*(\>(1$1`^-.;%O;OY`GY^2 M)SHK*@UMDD`Y=5?-MB_7?X=SX4,=)'X@2/BBOUB@46TP>2AB/GZDT;]8DZTR M^N`<\^T0E\L797]X^TUK2?:'XS]!+<@<#'[BRRX/W)RE0/@WO.MBV$VV21B` M(:`T00J(#C4X/!0:=7SGVAH8<)YO:TO%@"H.5++`H>**X%T0K<\>=SC)\#)9 M7[)]8"M[KQ@`*TX8G#@8U02,!1L41.L%XII/HFK> MJ".==&#G7+JE.TSRIRNJ(R^)_&T?[5CJ7KV/U[-`+=;,9K17:6IZN.6922=I M.=>N*C"-MCN2/O!Z0)$6`%B-.9M0LBP09Q*5LB4;\&Z_L9;\1'U0._TH:&'@ MH%6\B0,I(10`-,ITW$:LU(&F)7=%J^5410Z]F-+.8+#+)_6Z"7;!I)W005=( MAJ41^(JHQ\C-AX>+*%A%,:^@H5/639Z&OV[2>(U))JJE#37)]NPPF'(UKXDZ M6UXH7+KIU_&_!CM?=S0%_+XX43$[HD>VJ:CX]Z$<[`V1744,^X5.KKKLXUR;$OJ[G$P;]=^#@UB'=GUAN%\3]B=[6(;#]#0DR>%NK+(O6H)FI\0<;!(MU1ME^,RWC M`4>HVA`%6+L,'N!6I53'JRCAD<2G0#?7ULJWP%QS>;'%ODB3^UM,MNQP)#\' MO8M8),!!AB]7<73/BR95GS]LF8'0XF1:"S96G&#X<="NZXN469SW!9T'QS&! MG^@5!_"Y`,0EH(8(^!W.;?`HC1F&=:^:#;PN46N.HCA1R@.]$]+KI2]3+-$S M_Q>/H=JS>D7%C.39$LUE"O9J26:]%/-J":9=T"?R!9@?ZR^W=9D_9TM0QQH8_ZI>W.I<_*ML<:[[:->N8,XR?S)AH-I%L
)-=N"+%JI,KKFO@)Z4$.\JH4OK@Z.(A&>!11;DJLF-\ MQ38@8Z0+M`L(>F`,Z#]?OWS]^ACM,$'9AKK0G]$?%Z]?OV;_$[^@07>?;U(2 M_0NO_\R6)1A%6<:^+:8$I?N<]8=GG>\A3C4ZFW\CS.?$"W3.[?`%)Q3`EX0W M*UYS_:XPN6$OP,I\-;,/:#*9I@:8BM,/S.FU MZ3J8W^+R!Q428TS0:+#XA(^.6M8@\6?KXFY)&RZ7:DOF30^GB7'#WR6#2P3+ MU#W,_C9I(%.^73VD>=(TL=KAO]9M\=]^LSA^\W;Q]OA//-WZ]H^+;XZ/%^_^ M]$U[>A'MC6K78\WO/](WL$%OCQ>(-$R?36`"(">WF7TGM"1;4VWX%J3<8T&Z8V_,# M[&Z_E^8MO_=J066[R]>S>.+^AOV]CMX;()CWPU(T0&[K^]MP@`LO=O3+]3IB MU=1!?!5$Z_.DJ+9N&*D8!AM&H'/+UB:U#C`;N7#$BUM_W*$I0 M*'CG/]D\@@V,$U$;"MX%:L(*])S_?KN/V>:'=SAC-\H2O,%)%CU@<4W%19JQ MIK.7=[?!HVJ`7*6`]03H8^Q!IP`7$8#]`]S5E)W0+Z6@L"D!K?%=%$;S-Z8< MWR[1UZ\E!Q77LSQGHE[PWI7LJ@TJSZ=23L4(R0A]*=V4`:I+Y4^IIK;Z/9,4 M:GI0ISF\/A/T%,($+\&?#H0*F\ULX">(M.:X=!KTX%R11B^%ES4.M_`/1EY` MOZ=%\KZ"OIP\FN?=S#AM!S&[#H[W?E%W8N]0`4W8#>Z"=I1M?*/Z;IFH,/DX<^_](Z![OBJ1WD2HXMRA@'%RB9-.C M&W^&IK'#)&"G6XL+US+#F5(- M/="E&B8#6A=KJ(C!+M?0*]2]MZ*DKR[]F_\T:7^=2P8OSHS>X)C*O*` M_(H;!JG6@1H&H"6^T836:E])#;;P-VC4S7L)!K[DV)8L\V\(AJA=L91H@$/` M-<\MN=]"`P\,#@P,J0)A2T#%!HL%!*>HLR+X%FKK6NN6;' MQ&#E&USPR/@1)W3.BJDQR_4V2B(V6;'R<3TVC%Q`^PT[8UI[$#T+V+[$1JWN M0EMP<2\+6GSS[UP&&]#F@T<*Q7!.]F&^)W1*.]D$Y%[9G4E."C9C*-4^F"@Z M=(#S@T(7662M2:NM`L2DT$_C@M:C;;'M7LB;;;#5]M>;;:_VHU#:V?3"[WFM M][J@W^+&'F<``-9E0"8;FY3`(.PJ+85A308.Q$-5-)X=4R(X`#HHVBK\`@;@ MP/&=#WB?TB1M*ZW?]&CH84!H-*`)124Q%"`-"G7?5CQ-E@ MKAIW5;])7^&U8.E`=CX0U&C]0'U+]/_<4Q4+D*9)]A[?I:2H4;T-'G'V,4I2 M$N5/Y0NA>[RV%%']\A'GFY3^Y8&2\`ZCBH&<50,8H`(,*IC,;J+D M#H4L0RO^$/:I\R'*Z%,1_6<1I5B/>X#E//S`M-8FB`$#U6J@6H]R\(H:7R$> M->0ORK#)M5S0?4=.@I2LHR0@3^@\Q]NB*3F53L.??T M0RTO9L+W.,'JDA8E-6185RK?#<$=4MAPJ5!'TAQ)[CCEYAD]7PG^:;8>YO!F M:T@=/\JD!7K^7J'ZC/L0G!NW_@H3/4_"5C_2VR/,JY\/EV`M79UI\2@H.8=>'Y[S1FK1=^#**$ MF7:9W.!P3\09&D(7&P%9V?JJ'@>7X MIS6H`]E:+MH(P>B>2LX072H'#T$4,X@>41E'64"QFE7/FO^CPLPC8W$ZO3%X MQ;,1>WBYYF$M)BH-4*$"$CH@H405Z4%/N(\]M/-%NZ\HSLT4X;ZBV*;&[GEW M@T^P:#I!5QL1R[.QM4BJ7(%]\=$-/*Y]50'-T(-GNL=]':%-U]5GJF=]+4'. MT$]'MXE,Q(XK[R+QBPMG5J,P>4Q3=R.:J4#E2_`M+S)D[JD-#S-BCIDP#S-@ M5GDBD"SV4*6=DULP$6.*=S,?P,\"DM!@E95=Y0UY;S4Y#+1-ZC=QK:*=!-0Z M8.@5L?C24W7PUZ1SYPI-/8R)^4'_\C:43O8=SOG?!UD4LA-[4;S/E:W7C5Q^ M0$%AC`X1!RQ0LYV56AW/XE3BW*>@FWW"ZZ=WR56C>H%J6T[EMLR'D;_AZ'Y# M-5C2%Q?4J`PIG_?3L.'`I!@5"CJ01 M_/Q?6,>VK9"#A""V$.W>_;8HT3KP*VNVS2(&QS>OWQ9@9+\Y-*ECBG[VZB=B M7A`.,9,!L`__;*N__LJ9O;+KB^8I9.HH,Z*]\TSMZS3# M'#.3;]E&6A%)#XF@VFW+5&VWVFY2S+ZIDSU>TJ>Z($(_;KYWRX<\YTT9P/M\M97,SV?GFQ_'1RMI!=U"MV M4O,W=#-KK;]`;A0-=_P#&@V1)!\ZQ/@^2EB2!:T"^H<03SJRMGK;=H+O:._= MC63:N<+`X]4]9.HY1,LP^WQBH\NI]+[UOV_-[>R:7Q.5OF^?W/3;/A M5V_-?!65F$V:=1QBEN%_O-SQ0[EGCYB$4:9>(O40!'B552^3.U==.4D!O0JK MAZ;=3S?%WUDZ.&PLW5$J^.$6<&-9R#F.5@&EX+5?%*4\/8:6A%`ZL7==/:$F MW57PQ'^]_!R0]0)=EF-1/BMC%T4*A;R#^5^#>(]'0+E.CE<@-QML@7&U$,\@ M;E+4&>&^(-O9,$Y;[-X.:S"YL(6XN[6$;X5>0,PNU__<%XTL;E/%$I@'(AZ' MFN'JFMV4E44Y+NYE$99>XS"]3[@4;K)RL3WU8Z'V0/,,9WL;->TSX>Z!GL,N M6;LPNHG+-GP17"4NQ;NYN@*X91IDA!J/986BNBNK56N=!:HT M*.]U*D(E:BCAW5)&+/9X'^$HI!LM3L;79+P\]4-*[G"4[XFRE^\(!QSNA`=;KUD]E;KPQ M0H*\V!$5E>R-AW@7/'A('3]V.(CU*G0X#X?MIND+#!R.>@^+&[[$BZ%&6VRW MIHT6BIK"QO+H6IS>ODUO@\>_1?FFZ%5!GUL6,[>792+*R>JD1A`*4'-4PW+2B',, MX$75-!N&79%!I;_]W!BAG!U]FW`=92R`_'\P%._$4"3XGIGW93L%2&;.=3C, MZ0)WB>#YM+Z#H$B5N8KS(`O63^5Q\`"9VQK);MNX$X%MJ$??/ MMKLX?<+B6\T5'?X-'80K:FZO+)Q.FE<;:%OCK3-N:E&>;9?MU.U^>"P8BCWR MKF!!.TJ%GK,,_@L_H=TOJ%7CD./Q(-&EEF%.09PFV4[8-O7W#=RSZ+A)<.U,"8OL;E"UDOD_4USB,BBW6Z<;06`8A@ M1S,[P+7D!\6KDXZ*8PZ(U$+X%_0B1XW7L'/P0-LX[*X/3"NDR&=BJ#T%X)OT M+?+H*I6<)/@<=Y3U0P[L?D<=7 ML]S)54I8GJ798>\V;=^75MXZIAC!T9_B7=?((8-EV6FRSR,\[$[9WXPOK*/E M9(9JNF!6ST3%0SM],>>\YU`<>SU+]-'5?%CW3/2OF>^DKDEEVW.Z;<5!;XH[ M";(-OX]OC=?OGWZB4]!Y4EVHO0SSZ$'T*];W;.LC".S.N9XF'UQ,YR@%\/:Z M7IIJ;ED/*I;YF[6-9@Z+CDP2*D6QLVG/F304)2]0;6TMT8L;L5K%\:RH/`FC M&+ MA[`GNZHKM3^DY#3=K_*[?;P,PW1/@X-B5/0L,%BQ,:,)%AT]%%K,.ADN1%\7 M3'0>$US<[<3U:$$[YE<4U%MQ],`V\[.C:["])1,JN48\M=!4[NPQQ%E&`\#E M*J-&Y?@\>:`#F9(G6=VN+2?`^0,WHZI#!G9L\YXD<-')X$:"G6.E%(`J"2#G M`48T#M?&I:5QT:3&&4O\H:R;\=(/KM9M\/@>)_@NRC]0",K+426+=T6T'"@3 MZ,*0,0:B=9W($(%@EXT,5UK2-89[/KL;=26D9HB-O2CV*FJUP\EJM6VN*IG. M:E:C7D@51JO[*LBVJ%#??;WT@YE[_MH>SO'KW(W]D1J_3LLXG8&@.](C6:>7 MZFA(M\T+.3AH#=-&V-9`VV,L\T'B/`D)IOJ<8O'?1C:OZ!EC2+6["("!CKN) M33C9MRR-H$-1/18D,[?QIZL#FE`/2\%/&"V5;/PX48+_+$ M76O+5,)UE1>Q'B@9JR^84YNE1UN7SQ^."E-6?T*!13P8O]L&3[:"\B@^.-LA" M1&$:E^%EF!C]/$)^QD*C+SZB2W@<>?B;-CB&FZ MK!A\FB0/E)*$W(K"BPG1K*]B&IS(C&%3WX#1AT3Q%<'LRUG15CPM$I2.)\'@66`>8J(4UI= M3L>\MH`;O9S`Z"%A:,Y7ZT->[RIX8OL&5LT7AF1/ARL*5E&L^_+>5Y@O4$4IJN!&<Q?R\0/,:P M35DVQA%7K2"O8HZ%R1:Q1R/%LQADU%2Z4\_`3Y"-9HXA!M76>G;JJ[@5DEW^ M%/ZVCPB^*@[8/&!M6L*"#^A4BZU!K:,M)B:P\RUVBDEZ\XJ"$;[/7,OOIY@< M7'V5+_GXS6""$]6LP.F`*=_(_+#_D!*J?XCQ.A.5M2G);S'9BGC%20SC8"4! M-A0X&"D+"A;LT.'!6D79V1#.)@J@GU<-3].[%RAC8HYR*H,OD%NJFM/)_*2O?P`OE&?=PP#%Z_^;]!&+8Q\']#8-K3RCM-1))] M@L?;A/&V!UZE*&9]G>#QYT.4!$DX0L)"*\BK>&1ALD5TX=L7A M8\+"W1Q#1*JM]2QA87\@4#(FBD$=*-/W<\*:@>AW3E@BT/]SPDJEO^ISPLY6 M.YP3EL4(T*X\]7:)7X>AN;Y)10S6B4>C^D$/'@DE8/<=I3:2!!B=;$05.O6D M&D\H"V(L.E-H+E^!Z+1C;UM[SUU+Y+E]0T$EW=T,MRF M"=?6G,Q3,H*GQ@TF*3+B"BX/$N%:S237WC<2I&Q11^F!^C+TMJ&5WFX;))@% MI#Q(:4_U;GS,&`W>P/N?(1J6&?(_(]0OQ7DG211YG"<:+S_D5<9ZUM/-"]$RMDYC=F'!8Z*P;,3030+3\]S&Q=X>/`#W8_C[..4M>- MJHKT=;,BG7NTN."*_H#K!\Q_/<]P.T]*8_@/#2F+XG8R)*G+APE'7]-;%1?Q MW.0!R=U-7M*P3,@3#9RZ6]E.5`8MT`K?1TG"`B]=_0E5X*X;FLA&S(Y_J:R; ML+,>]`&S-M/\3IY_.$;B>VHH^[_N.G-3=0(T(WXUJ=">U8P5H5NJC7 M;>W7X$;K*`OC-&-5B7RSQ3SUCHJC0:>2-__7SA$-Y"!D_*@AP(LOFHV&+E=! MI,K+=JC`CDK*E#TX`]DD`3ST&\Z^S03)-AWIMKL%6 M24'(YI>:%/U\BQ]S])[ZZ:^`0?B2W`=)<=',"54KC:-U>8?-%1VPLCG_Y5V1 M6`ABNB[.^>QB*@X;238,8D8=F";(1A$,A\:W@=9Q!=E3<&:E/?9^"\D8IQ6RVT6_7CPFV*PI8_Y`N.(9KA&"RF29WR1T45I1P=K4FQ]6='$ MWMCF8Q:H]2`>:%KQA8Y)]3!4/PW5C_-DV7(6$)8A8_E%7J=GBB8:>J`J5I,! MK0I5%3%8]:E>(6EFMWU9*.44%9;SUY`ZZE[2URI[@H$:E+RHH"I0O1:W<)RD M69[5Q;'5^5T#4@9+!>I*.\Y@M+K6#A,)UM5V#+6[.45>`OZ^4PT]?__;2JB^U*80C+CD1:LLO"I`^L("PJHY-(9-_%"AGH<#[5#TB@92B=X'`XW6 MUK$`A9_4**;KW3T/F'$=/K8#!'(:6=VBZ`K M+NT3N`[\/M5:6J9Y\DI7N74OH\!^17GK!DYTS9_NL'AGHC. M(-1X3/(@2FY)L&9')'CC0OLI;;K'016U33M\[>JX:9X%5V8WI3V2^ZA9![O; M2;OU6=7JS6IUXW'L%`![(`]&]2.1>":J'XJ>\W`EGHN*!Q?-4U_X-^4W3"S& MLS.*IFN][06`AQE+$Q6!P\#M02BPTM`2W)!KA?E-F@]Q%VF09)_2'&I2HVV("'J=/+L/M[>Z3_Y%>HDU%ELB)8A3D'F'`XJJC M`@+0>YDI%)^UI^$.D_R)M58L]V([MJ&RGQG<1(!U.G0V\Z#IH34_8/]#1QV[ M!.%385%OHW62DM-@P)5GP>08ZW?1D9/(. M7H:(K\84Y,PUJS4S=EW!]TR9:[Q+";L2PWX6L^($ZK9B;U2KTXJ9#:S+BJUJ MW>2OX%R@DWV6IUM,V+FSD/Z&U.?.?L3I/0EVFRCDM4]5:Y+Y>ZT,-1-5K/Y- M5X?&F3H:*&'@JV[CLYHA9QT89S MEL>RT^1AOB!%CP,9WN>M\O]%CC MZ)?E%B=KEHS[$`?W:FQD.'QYGSZ\HBP"%O2'0S1(Q,WKSTI[F`-W_NCLL:I1 MD[\N9Q_YH1**F-3>;_1D3PC3C*[$@_@?."!GR?J4+C&&OURUY/G?L\G*\I6K MZ(:\?;W,X8Y0R$?B`8@]`=%'(/:,WFYQFH:\)=Y5>5?E.#ZA$#N_0VCM*[U! M2C3$%30"A_M!*;R\H78T'[BE=..]>B$-[HTWK3E\T>QO8[S?6LZ(KY4)[?TN MSY(\RI].>+UG?)ZL\>/_X*?A+U4A=OZWJ[6O?,U2HB'O6R-P^(L7PE$A'7'Q MB,H?Z@/I=ILFO,,V[\N=7>[S+`\2UJUI-(?0/@/,.RPL/W`5#<<(?F.4/IX3 M\48( M7#8JA0]\[=?X/F([RB3_%&Q'6"+(I4*]>+EU[3??IAG^ZF7R1GOWM7#$I`]> M%XH-AUAM?J"_RX9[@$8TW(I1:>?A\K%#.,9:4B%TQ(5EL7$LM@W\&2/Y!MN+ M3N(9#<'0?M&Q4>X5%=EX/G$@Y@5BNA;L$W27)=FYFV5DI2WEG>BXG9W;OT;R&FZU.,/3D(T3!-E!KQ M0M;MCN`-3K+H`1>_M?9$.RG@3NEBK,(_;41`NJJ]?GJO;5S76EQA5PE#[,Y- MW_R8;P(W:;S&)!/-9>V]5\<+[K-FPQ2>JF:$]$^35I9>R9RR*>KW9>=NS]R2 MW7/P(4X_&S^':UG`G5!IAL+W.O20+J=0QBG^L>LJN`R%@Q4_7U!-Z+_IO^@/ M[&Y`^H__`U!+`P04````"`#O;*1`R.-&*-\5``!(1P$`%0`<`'-M`L``00E#@``!#D!``#M75MS MXS:R?M^J_0\\WH=-JHXOLB>33&IGMS2^S+K.C.VRG;T\I2@*DK"A"`4D93N_ M_C3`.PF`H$3Q@LW3>"0TU-U?-RZ-1N,O?WM=N]8641\3[^/1Y.3LR$*>0^;8 M6WX\"OUCVW
!YR7?1F'1\GG7RR?:`E7M3;^7DY>+$T*7I^=G9Y/3?WW]\N2LT-H^QIX? MV)Z#CBQH_Z///_Q"'#O@`N7(7V?433JX.$U_2]J"_>\X:7;,/CJ>G!]?3$Y> M_?E1Q*)&_T>),.P#D3B3#Q\^G/)OCY@.*''1(UI8[-^?'F]3"G\-JEYCAY(3 MAZQ/V=>G5\0)U\@+IM[\V@MP\';K+0A=<]'A=UF?/P9O&_3QR,?KC8N2SU84 M+>"SM8]!K,GYV44DU)_4_9WFV6O>^259;VSO[4A+LK3QGC\*EH;]^\4#13[( M%0NBPX"0<$]F[E!P"ZZU1E^([S\@^K2R*=)C1T*Z)T-/`7%^X<[(](T\OX&" M9+1[LG1C8_H/VPW1_>(&>^#7V'9OP<,I-TQ?C[?:3O8U9=M?@8^P?ZY_#?'6 M=O5YD]'N"^6*T.`9T?6MMT5^T$!98LH]V9DZ#@FAHT?D()!QYFK:N8AN3U:8 M6%Y`*$::"BD0[/GC#.)-/*3>KC>4;%$#:.34^UH+6K*.+D,_@#&%7A*8/[V` M &W_J,R)+:FQ5VF-_DI@`M>]JQ[SU%8A8#BHKL!Q8O#Y1X\*?31-]U?>P_ M`\*/\K[8"$#X;\!B2]LRE1WL[29L>GFV7_7=)$>P-WAL<':"D()`UZ]L.M%E M0T*ZKX.$,Q_]&H*FK[<-AM(*%6=CDUM$?(%?C7^;D>R_O,,!Z^7LS#JVDO;Y M/VUO;D7$EG1QB%X#Y,W1G*\_7>(4OG394IK0.H6Q3WY6,3R=`4ZV$R0=N?8, MN5%/FG2GVNS%.N4+<%Q\X*N_.$>D')NI&68BZ(B&U" MYXA^//KNY.SBR`I]X(EL&+7M'EJ[4V!BSABY<>VE0+VE[T>CWQ+?F8*_ZUC! M"?.P-\`$^)]?P?Y<8<>E=J-1N(3_3/'O.E9\Q/DC6F+&L!?]:/V2+RQA&3E'K_^'WJ1JK[0;F=XK_&>*/^]8\98!_6[_]& M-I4/-?*FHU&_7(0,@1]Z,?T;[,+>"EA9$BHW_%*KT>A=R'VJ\DG71A][(>R^ MB,?C7CS\YM^'`0L]LU"Y?.A1$HT,$+4P&3Y=S\&)1)&?1DN#&_C,5RR`!&U' M@X9"AFQ<^KY7$-A@J0=!KN5(`$+_>&G;FVB@1&[@)Y^41\SX MXY]3MG)'50_$QXJ0&7"C2;;;@+^[,%/?!Q7&BV8%]Y)V70__^HK,1G\%^_'8 M/SFIC/P@TP)!Z_F72`=2GCG#6T1GQ$>\+:/%A((;0\=,0Y;5+:3BX\II<&E3 M^@;+/G[,*H!8DZX/R)56FF"LR7^,^3E+FZF`G@-N'POHW(NW-G;9T>L-H4\@ M]Q-R0A`$(_\*S8+L?[$&1?[=M(?!FD%C26*#N##*("J'\GF\2 M3@\4;6P\C_,38&%Q#]M<6E".`#XMJL&BJL5]#/;W)H%]%;,*(U`DK7*Z5+8> M++A*KF-0?S`)U#I?'8M7BOWO0[M0!22PW=Z&6K)!-'A[<.THJ)LD48JG2'7S MP<*H9CL)19R9Y(&YZ>..>([4$R7M!@NEA-\$PXE)&$9B2H?/`:.4,)C`TG+( MI\\1\PNV9]CE<0P82:HG"(I(KC[I6(*[^A(EEG!Q4LU^&G'$-Z>`^DB^JG$? MB#`*J43&C9(O]B+;("Q4.*FLX;#AE7"=8&A42TO+,\;FD MRA=;COX,9(&<[=#T5D6B]B-=&(E$2<#^8-@:F'A+=B6:'?+R+(`-9M:';!_= MSUR\Y*B)MK&ZA#V;@-R*4]PU!4D2((R*-.6"VT*EJ:/X$I+!0UXO0@*V42$I M783'"FL-E@;%L937XRMXUE^F'\D4K10D@5DM)HEV$/">M<=EFJJ;!5/^%F72R%+"<@&A69RET9DZ8*5YH,&[PJOPER1H6? MIO,YCH1XL/'\UHNW`#GI1<%%#:)AHZLC08*W42&JJ>.$Z]!E=V+XB;3@MA,K M/G>'@OL%;!'$D>5F/0S<$IJ*DYB%47E/H@ME&FNLH8,KXCC!SZ!DJ+K%Y@Y' M^N-:-==+D]S8:#F"54%=>//W@)<@2Y=IXXZ3&Y$-KD1:WQ2Z^O;(^OV.Y![3 MK.N2%Z;=&T*O2#@+%J%;O7JB.+YM1C^6M)N&8J77<0R*:J2W(-BN@F/U"+#1 MK3!ZI6H\%LQ5,J270`P"N+CKAT'UGG*US?DV,JOJ7!/AD!..!7A=>;*(B+%6 M$-71F8;!"J3Y+9OKI>A7"<:)>E6.#&U1GIU!:-_Z?JB-=-)XS"@G,F0(5^N/ M&H6PO#*83$6]E@5K$VM123``O%H2;+2`YT*!#>9P+:JQ`*\E3!85-VCVKI3` M4T[=RM8C!%L^:;\W:=*N2"R=L:4M1PMN>:Y^;])>,1`JP2Q\3B<9\I>Z".D@46N6SAVQ&B6>#_,*7>^CPM MOM^P9SUS[R@I)A!%VQ$"JY!&>=0TVM3*)^1"GTO0$GNY%>5$%\VTBL9]@%UK MI^GTJF#\NNR#Q=+[& M'G^+)X"Q30YP+<6@(:[EWL3J<84'#2]AP[X4)@"(FPT:3C'+)A:+JZA$9P$U M`ZZQ0GD&CTAT*E&N$ MTO>#1J[$:U;PSAC?$X0"DWM;BABG%M4(HYU:PQ?[CWLF=>IA3[\-45W\%&[RY&LQ&H/VM4T]L&L_22Q7K-?E34>(LUR8K.:B42OSLL"?;!\[['07NV$@S+ZN MI>@#]CI[E>%;8=[(:HO_1'BY`O&FP(:]1'?A>H;H_:*2F*SP\N9=C-#[FPN9 M%70-#LBJQM[`DVD&5>#W/KQ.VI8IWZRN:`[FE67#?U"-%5S$F[-S$W M/%`$O-#@]]*"K8`F+RXW:?=R9?_02:JD2L?'FO:#'2MK^$[A_57?H9,##>$-) M3+S)*=$#+_*RIU6H^AB54:@$26W"H.HWT_E_PCA%\YE(YD;N*#,;=,`&4!@] MX\J.,`3[.$#Q%>A(?X_((4N/]R)['>#P/SE,BSN\W(>YOSS(02L:O/G](^P$ M<;VRZ8M-HX/R&T(7"`V:4(,N1V5!#>0: M5B%GR9%5;BQ^1'R#\$R>[==_XF"UBM)R0*;D$+4+3] M>`BILP*E/+BV\%W:G7L:IJ7L+(Z)52%4D[!4%PT7*8I^1F4A=<*8^.P`%_,1 M;6)!YU,/-H,!IB+?D9F%-OF`K4%;AI:KB@QG*JG5@"P(TXAZS"90#(U\;])B M0I$W#O]S0[:^>B"4`Q;`SFT6!BQ9XYFP5Z.)%X`(+J\X$%WE;I9IO]LO#-.2 M6A?3Q`HX#9(P?CX?*M)E+M-Z-^>35M<'T7G^M=?KY-`\$6/`P`EYS<'7:K'Z M&O@.DO57.M'VIZ]8F0"H:E^R+R&DZ8EWU?`/!*XZ5;!>'FYX!X1"F5.0OZ2B MS#UHHOJJT1Y(]4KE$FVQ,@2Z+OUN^ZL;E[QD3,=IXN\:%'R'/BS>R4`*O:=" MZ26("YKW4"*%?H)U]ZV7EB69.@'>1C=8Y2+MTDG/^>52I'+U M5AK+I!@%1GSG;P15=':W8G5Y':.2A0K9"BS5P'.PBPJ"/Y/]!X/#_,PXK>HP MNDB30@9RB;`=\[Q"P+R#(W"]^73-MN>_R8[6E*W[,)9#>E=B3DJA34SSX+KR M00K!B],"HU`W-]4JU%(/JX2^)'DC+\+UJX-\]A#+_0S6_2A`Z1/4H@P-74H3 MP6^D`!-/52-YG^W7N(PEJU8JSCT0:%04!MBO/Q-MK`6U&'E4IYL"-*3LGBYL MI2;UQZCS$U`;12#J%8K^S2DJ3OY6;).:$)MJ+$UTD!X,&+7IJ6H@6;F!RA'> M2HHUZ)'U83;-?4)N#"*9VGX/81"S257T7'WVAH8@H1R[+4C$:OLQA4&8PU7, MJGXQ^EJ*<<%?*\Z!7AX8VG(BV;Z)=RLU[<<%>8TP;3]/,`@_K\K\0-'&QO/$ M_F.S9QMZ=ME]ZOM(]O[)3AV-W43TI&S[J82!VDZR6GJPW]CVC61\$`/'/3Z/)M8_.CEISTS M0I2=C#0C1"E3]NB`46$+J@?.KR&F")0R#YG\2+I(T:`9T'BA8>[I^5N] M8&T7^!_$$B21^X90D-A!:.Y')P.$!L^(KM5O]C6B'K=A:(G8]JL`@S`1?1WN M-8>,U4":2)@]*&#Z2N,&>[;G[+G24'8RTI6&4J;L)0*C5AKZ9\\"[>QUQ"_L M;T#CC(:;-#_`%PJ=O5I@T":X,"/S2^:2L@RRAN,T!9DTW;U+T"?&&N40-6@, M05Y>#M&L'-)L%9Y=+8=).*NPKMZ=2(E&:@8:DB5V8%1I)WW5[;7*'*M=-)$P ML0^#HIY,=O;Z$_S#;DUN;9-4S! M0RA]`V>0U6#1I!LG_A4Q$N!;3NKL_^6$@\+_\\00`V"")";0\ENFO1?;"#<; MERO+=A-EW7H+0M<16HK;W;J40SV%U_?S(I<1%<['W+ZN%_$BW#;S?6M'[=DCZ'Z]XN\?@0N>EYV44[&RKT4"']WUCZ==2^V M,W2?P88^N>(07/L_81=WVRN>:`^?Z(I;=KY=>P2)RKO5K3MY?&Y&GVG)ZERMDUR(7X.(+W>G/.A M=V4?XI3'G-0JT'9]ARIEBI]MY!Y>XH\67!(_\+.GF9)#$86;[=MAYY?(=/G] ME.=7Y;)[]]B'8[=C!^G%M'U58-(@<6-CR@.!N67&K0>*"PLYG[G1XKOR:,&Z ML'@?;'V?]F+EN^G8;U*I,D95PX*Z>==.+^)&Y=(U[?MP6!W])^Y8P[Y)SB:. MR`M\['W9QWB15-N;1W_DB8=QJB+WK3J"81P+Z>UF&]#VX75ZV*B/AXS?6*IN M-N0\\/O*FIC1'3-"*T_9^8W1]*>OT"P`_*+RT$_("6E=EG43XNZOPJ:\W7HQ M=U]M^@OB3SI4^`2[132PL?=,;?8,1'1'1\^+#_=3_5RG;6H1V?'1H?1@TG@A M+^63&RU^*(\6"965(^O8H[)?5HT)PE9=._\78GO^'0E@X0>VE=[]S_&FY]D[ M]M.'VRK02?QS1VE,UV^>0_S%R_2F3%4,Q-+6_L,D=QHW;]8:2+9*L=2=G93]*:?F6LT#=_>6/ M#:PZWM@%EV1M$TDE=RX-FA[NL(A9TG.Y9N1]N*`V3KF++`U$,LDQG]"2R7D9 M^@%9(WI)/`?^2Y.CW\^(+*F]66&'!6+3'#"!VU;2H.*>_]=*^K8*G7-GSG=O MY?OO.CDSXO41;5CY>]A-*+(QI4T[SR@M<:+GO5I4O:0=UF"09I'J"&"2B[(E M-HQ*T1Z./3))B0=_.M(9M)+N%/5@95U8I3ZZ?C8F9>1R97M+OIV_II3`\`-8 M.#Q/3?4<3"/R[DMM^@[%FRA9Y@Z]R("#O=2_43"=@V4*;XWNV$\OA9UWP#,K MS+F3F"8Y.+LHB:/0%XMK$2X]\ASA/G-2R3'*D4>',H4.NC[0D,NBM1=M2-_# M:\KU["D/;1IVT,O)S2X8YIY);B2@28Z-]Y1"P_QPE""N-%7'97Y$65A)\"H952 M=GZ^D>,"!KXX?4NKWE0#VJY]K98U/1_?E(.^X05TE4[2=_C#K,\$,8L[0(FD.>C-KYWN^ M?WM[V[\=]96>^CN#P=#_\N'\VLGU4L&]N[&.1$F<6G*%D2^DL5P&D,M'0GYK M$*?N,1JXA*_)9]8,=W=W?=?;8Y;K*=B//`8SYP$LQ4V,`8I%H%4_4#$.,-P9 MC$;#'-O$1K3+0@0Q2'NJ='P,$YY$]J#W/>&1F`@(>XQ;J\4XL5`22&1!9!6H MT"['*[K]RD\[2_9./0&0V_ED42ZDWA]>$.K?=+S M42"OL_1D"ZM@-TV,B/.@U2BR'S@8T.FG8DT::X&V$XOX%&0 M1"T#9JTY!8]AYAV/:`I?SP"L2:DH-S7&'M<7=HWA@2SX1TH:%8G0+6$9#DN! MNL`W!/Z2:_1V!E:@&6M8*/X(]296R/32-SH0<01;T7D/UF*W;'5,-&XF9U&ZM:LF5[+KD9N7FXQJ1"1 M.+K-9DS\T4O!ZX'*#8V&"2)E$`S[D=;X'>J@7<@]+8783H*RA1\!)MNV+2S7H*^GF%JE)*POJN-AE&5!H1A M*0Y[1DC/&6(Q!]:14=T/<,]TEQFT8&#*4Y@2&_K:Z'A9I.F-21&IXZ+, MQ2D7^A\>)7`Q.1423P^"1V?26.V.V=DNW2;4QLZK*CL$R!PB+5Q+3%8`[8BJ M[-*8RQS*D/Y0EKG@T8J?#7UMM+RNTN+R);I9<3\*4!T9E15LIK2]`1V?R048 M6Y@J:WO:B/BKMGH1BD3;."Y:/Q$I#.8Z+@W7?43;S39L`3K!T3Q!R>JF5Q)]!<1ZV MR+3Q5SO7IWAL!W+$Z[BW1UH:(#=&`3C2_CR1U=>\!R?5K7 MU1;]VM&]!,-RG(Z'2H*0C`U\3]#)DT7A<%AM;8M^[82^0F`IQ/\@\/0/519= MP82YNJ$]*FPYZ!D1S^G(E[;--$RP+3;"RTN`OJ+1_;LXRD4(OZ&"R1%7]C,; M-@?@.JAAU*J:?$R;YZ`M[@-^;GH.8(4E]>/E((Q&,2\8C]!*_Y:)G(_X>%OG406B)_3ZG/#7NKOO%VO/ M\*E-7G#'6\T[-^9,+=Q&Q-6 M[F]G0J[W.!-JY7X/LJ*J13;LD@W#UX^RH5BGN)T=2G[\25,FW(P=V-HJRPU6 M.`N*FE/.YT[1A\B:)9:WPMK>FB7FXXVAEJUM*=6@AB`>;$M5AWYL&IWJD[." M6Y.6)6-CUN!L:BX"/1QC5LD#F^9)M*A]?9AXNC*Z6N8];,.<],Q"3%D$^H;) M$BHFI/%>JV2>"PH4P67*_<;E2ZCPQL&$BE7]-IWW-2Q@N._`.N_ M#,6E5@M!_P4`K3RY"\#0S<+%V.#&:2&_T;XO^/M0A:)3L9)@N;Y_$K?2OG%: M.(H=,!8V=7;?3]<&_/D#4$L!`AX#%`````@`[VRD0%U/[0XD4P```;<#`!$` M&````````0```*2!`````'-M&UL550%``-1%*1/=7@+ M``$$)0X```0Y`0``4$L!`AX#%`````@`[VRD0,":LBW2"P``1X0``!4`&``` M`````0```*2!;U,``'-M`Q0````(`.]LI$"ZE!O;KP4```4M```5`!@` M``````$```"D@9!?``!S;7-I+3(P,3(P,S,Q7V1E9BYX;6Q55`4``U$4I$]U M>`L``00E#@``!#D!``!02P$"'@,4````"`#O;*1`X(,;WU0D``#0&0(`%0`8 M```````!````I(&.90``&UL550%``-1%*1/ M=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`[VRD0,CC1BC?%0``2$`Q0````(`.]LI$`A,LXWO08``.XP```1 M`!@```````$```"D@5^@``!S;7-I+3(P,3(P,S,Q+GAS9%54!0`#412D3W5X C"P`!!"4.```$.0$``%!+!08`````!@`&`!H"``!GIP`````` ` end XML 37 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6

Income Taxes
3 Months Ended

Mar. 31, 2012

Income Taxes [Abstract]

Income Taxes

14. Income Taxes

We account for income taxes as required by FASB ASC Topic No. 740, Income Taxes. This Topic clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Topic also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. In the event the future consequences of differences between financial reporting bases and the tax bases of the Company’s assets and liabilities result in a deferred tax asset, we are required to evaluate the probability of being able to realize the future benefits indicated by such asset. The Company records a valuation allowance to reduce any deferred tax assets by the amount of any tax benefits that, based on available evidence and judgment, are not expected to be realized.

The Company assesses whether a valuation allowance should be recorded against its deferred tax assets based on the consideration of all available evidence, using a “more likely than not” realization standard. The four sources of taxable income that must be considered in determining whether deferred tax assets will be realized are: (1) future reversals of existing taxable temporary differences (i.e., offset of gross deferred tax assets against gross deferred tax liabilities); (2) taxable income in prior carryback years, if carryback is permitted under the applicable tax law; (3) tax planning strategies and (4) future taxable income exclusive of reversing temporary differences and carryforwards.

In assessing whether a valuation allowance is required, significant weight is to be given to evidence that can be objectively verified. A significant factor in the Company’s assessment is that the Company is in a three-year historical cumulative loss as of the end of fiscal 2011. This fact, combined with uncertain near-term market and economic conditions, reduced the Company’s ability to rely on projections of future taxable income in assessing the realizability of its deferred tax assets.

After a review of the four sources of taxable income as of December 31, 2011 (as described above), and after consideration of the Company’s three-year cumulative loss position as of December 31, 2011, the Company recorded a valuation allowance related to its U.S.-based deferred tax amounts, with a corresponding charge to income tax expense, of $53.2 million during the year ended December 31, 2011.

We recorded income tax expense of $0.1 million for the three months ended March 31, 2012. We recorded an income tax benefit of $5.2 million for the three months ended March 31, 2011. The effective tax rate for the three months ended March 31, 2012 only reflects state income tax minimums and foreign income taxes since we are unable to record and utilize any income tax benefits. The effective tax rate for the three months ended March 31, 2011 was 40%, primarily due to the ability to claim income tax benefits for state and R&D tax credits.

We may from time to time be assessed interest or penalties by major tax jurisdictions, although any such assessments historically have been minimal and immaterial to our financial results. It is the Company’s policy to classify any interest and/or penalties in the financial statements as a component of general and administrative expense.

In March 2011, the Internal Revenue Service began its examination of the Company’s U.S. federal tax return for the year ended December 31, 2008. The exam was completed on April 13, 2012 with no changes being made to our reported taxes.

X

- Details

Name: us-gaap_IncomeTaxDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 136, 172

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 43, 44, 45, 46, 47, 48, 49

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Name: us-gaap_IncomeTaxDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

Large accelerated filer

Accelerated filer

Non-accelerated filer

¨ (Do not check if a smaller reporting company)

Smaller reporting company

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 16,167	$ 7,475
Short-term investments	21,410	38,497
Accounts receivable, net of allowances for doubtful accounts and other adjustments of $1,121 (2012) and $1,382 (2011)	8,531	8,525
Income tax receivable	7,941	8,293
Inventories, net of reserves for excess and obsolete inventory of $436 (2012) and $417 (2011)	256	309
Prepaid expenses and other current assets	776	1,138
Deferred tax asset	8	8
Total current assets	55,089	64,245
Equipment and improvements, net	14,422	15,482
Other assets	219	214
Total assets	69,730	79,941
Current liabilities:
Accounts payable	1,986	3,181
Accrued liabilities	7,262	7,641
Deferred revenue	944	703
Total current liabilities	10,192	11,525
Non-current liabilities:
Long-term liabilities	3,408	3,546
Deferred tax liability	10	10
Total non-current liabilities	3,418	3,556
Commitments and contingencies
Stockholders' equity:
Preferred stock, par value $0.001 per share; 5,000,000 shares authorized; none issued or outstanding
Common stock, par value $0.001 per share; 50,000,000 shares authorized; 36,123,317 and 35,611,976 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively	36	36
Additional paid-in capital	208,835	207,927
Accumulated comprehensive deficit	(152,751)	(143,103)
Total stockholders' equity	56,120	64,860
Total liabilities and stockholders' equity	$ 69,730	$ 79,941

Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
Operating activities:
Net loss	$ (9,682)	$ (7,753)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	1,115	2,736
Provision for doubtful accounts and other adjustments to accounts receivable	419	193
Provision for excess and obsolete inventory	19	26
Excess tax benefits from stock-based compensation		(284)
Non-cash compensation related to stock options and restricted stock	1,178	2,107
Change in operating accounts:
Accounts receivable	(425)	4,809
Income tax receivable	352
Deferred taxes		(5,540)
Inventories	34	(8)
Prepaid expenses and other assets	357	(237)
Accounts payable and accrued liabilities	(1,477)	1,694
Net cash used in operating activities	(8,110)	(2,257)
Investing activities:
Capital expenditures	(55)	(6,561)
Proceeds from (purchase of) short-term investments	17,121	(1,985)
Net cash provided by (used in) investing activities	17,066	(8,546)
Financing activities:
Excess tax benefits from stock-based compensation		284
Cash received from stock sale for employee stock purchase plan	55	345
Cash received from exercise of stock options	10	7
Repurchase of common stock	(329)
Net cash provided by (used in) financing activities	(264)	636
Net increase (decrease) in cash and cash equivalents	8,692	(10,167)
Cash and cash equivalents, beginning of period	7,475	17,856
Cash and cash equivalents, end of period	16,167	7,689
Supplemental disclosures of cash flow information:
Cash paid for income taxes	$ 91	$ 224

Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
Consolidated Balance Sheets [Abstract]
Allowances for doubtful accounts receivable	$ 1,121	$ 1,382
Reserves for excess and obsolete inventory	$ 436	$ 417
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.001	$ 0.001
Common Stock, Shares Authorized	50,000,000	50,000,000
Common stock, shares issued	36,123,317	35,611,976
Common stock, shares outstanding	36,123,317	35,611,976

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2012	Apr. 27, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	SMITH MICRO SOFTWARE INC
Entity Central Index Key	0000948708
Document Type	10-Q
Document Period End Date	Mar. 31, 2012
Amendment Flag	false
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		36,122,952

Consolidated Statement of Stockholders' Equity (USD $) In Thousands	Total	Common stock	Additional paid-in capital	Accumulated comprehensive deficit
Beginning balance at Dec. 31, 2011	$ 64,860	$ 36	$ 207,927	$ (143,103)
Beginning balance, shares at Dec. 31, 2011		35,612
Exercise of common stock options, shares		6
Exercise of common stock options	10		10
Non cash compensation recognized on stock options and ESPP	16		16
Restricted stock grants, net of cancellations, shares		590
Restricted stock grants, net of cancellations	1,162		1,162
Cancellation of shares for payment of withholding tax, shares		(5)
Cancellation of shares for payment of withholding tax	(6)		(6)
Employee stock purchase plan (ESPP), shares		45
Employee stock purchase plan (ESPP)	55		55
Shares repurchased and cancelled, shares		(125)
Shares repurchased and cancelled	(329)		(329)
Comprehensive loss	(9,648)			(9,648)
Ending balance at Mar. 31, 2012	$ 56,120	$ 36	$ 208,835	$ (152,751)
Ending balance, shares at Mar. 31, 2012		36,123