Profit-Sharing 401(k) Plan

12 Months Ended

Dec. 31, 2011

Profit-Sharing 401(k) Plan [Abstract]

PROFIT-SHARING 401(k) PLAN

10. PROFIT-SHARING 401(k) PLAN

The Company has a profit-sharing and deferred compensation plan (the “Plan”). All employees completing one month of service are eligible to participate in the Plan. Participants may contribute 1% to 15% of their annual compensation on a before tax basis, subject to Internal Revenue Service limitations. Profit-sharing contributions by the Company are determined at the discretion of the Board of Directors. The Company accrued $397,000 in contributions for the year ended December 31, 2011 and made $693,000 and $218,000 in contributions to the Plan for the years ended December 31, 2010 and 2019, respectively. Participants vest in Company contributions ratably over six years of service.