INTANGIBLE ASSET

9 Months Ended

Sep. 30, 2013

INTANGIBLE ASSET [Abstract]

INTANGIBLE ASSET

6.           INTANGIBLE ASSET

During the third quarter of 2013, the Company paid $1.3 million and received $0.3 million associated with licensing agreements entered into with Radiall SA.  The agreements cover the parties’ respective technologies for EBOSA® fibre optic termini and the EPX® connector range.  The $1.3 million paid by the Company is reflected as an intangible asset and the $0.3 million received by the Company is included in other long-term liabilities on the accompanying condensed consolidated balance sheet at September 30, 2013.  Each will be amortized over the life of the respective agreement of 20 years.