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EXIT COSTS
3 Months Ended
Mar. 31, 2013
EXIT COSTS  
EXIT COSTS

NOTE 8 –EXIT COSTS

 

The Company completed the consolidation of its Sunnyvale, California activities to Austin, Texas in the fourth quarter of 2011.  In the second quarter of 2012, the Company entered into a sublease for its former Austin, Texas location which decreased the amount accrued for contract termination by $1.1 million.

 

The following table summarizes the accrued and paid exit costs during the three month period ended March 31, 2013 (in thousands):

 

 

 

Accrued

 

 

 

 

 

Accrued

 

 

 

Exit Cost

 

 

 

 

 

Exit Cost

 

 

 

Balance at

 

 

 

 

 

Balance at

 

 

 

January 1, 2013

 

Cost Incurred

 

Payments

 

March 31, 2013

 

Contract termination and other

 

909

 

 

101

 

808

 

 

 

$

909

 

$

 

$

101

 

$

808