Commitments And Contingencies

6 Months Ended

Jun. 30, 2011

Commitments And Contingencies

Commitments And Contingencies

Note 7 — Commitments and Contingencies

Operating Leases

The Company leases its office space and certain equipment under noncancelable operating lease agreements with various expiration dates through August 2018. Rent expense for the three and six months ended June 30, 2011 and the three and six months ended June 30, 2010, was $1.6 million, $3.2 million, $1.2 million, and $2.3 million, respectively. The Company recognizes rent expense on a straight-line basis over the lease period and accrues for rent expense incurred but not paid.

Future annual minimum lease payments under all noncancelable operating leases as of June 30, 2011 were as follows (in thousands):

	June 30, 2011
Years Ending December 31,
2011 (remaining six months).	$	3,472
2012		7,234
2013		6,413
2014		5,564
2015		4,017
Thereafter		7,975
	$	34,675

Other Matters

The Company may be subject to litigation or other claims in the normal course of business. In the opinion of management, the Company's ultimate liability, if any, related to any currently pending or threatened litigation or claims would not materially affect its consolidated financial position, results of operations or cash flows.