SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2011

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

21.   SUBSEQUENT EVENTS

        In January 2012, the Company entered into foreign currency forward contracts for approximately $79,000 to reduce a portion of its foreign exchange risk related to US-dollar denominated payments.

        On February 21, 2012, the Compensation Committee of the Company's Board, under authority delegated by the Board, approved performance criteria for the 2012 performance-based sub-tranche in respect of stock options awarded under 2009 Stock Incentive plan.

        On February 24, 2012, Company's Board declared a dividend of $0.13 per outstanding share of common stock, or approximately $20,560 in total. The record date is March 15, 2012 and the payment date is on or about March 30, 2012.