2.2.0.25falsefalse006140 - Disclosure - Retirement Benefit Planstruefalsefalse1falsefalseUSDfalsefalse3/1/2010 - 2/28/2011 USD ($) USD ($) / shares $c20100301to20110228http://www.sec.gov/CIK0000093384duration2010-03-01T00:00:002011-02-28T00:00:00U001Standardhttp://www.xbrl.org/2003/iso4217USDiso42170U002Dividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0smsc_RetirementBenefitPlansAbstractsmscfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseRetirement Benefit Plans [Abstract]3false0us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div><div align="left" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">14. RETIREMENT BENEFIT PLANS</div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">Supplemental Executive Retirement Plan</div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">The Company maintains an unfunded Supplemental Executive Retirement Plan (“SERP”) to provide senior management with retirement, disability and death benefits. The SERP's retirement benefits were based upon the participant's average compensation during the three-year period prior to retirement. An amendment to the SERP was executed on November 3, 2009, freezing the benefit level for existing participants as of February 28, 2010 and closing the SERP to new participants.</div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">The following tables summarize changes in the SERP's benefit obligation, the SERP's plan assets and the SERP's components of net periodic benefit costs, including key assumptions. The measurement dates for the SERP's plan assets and obligations were February 28, 2011 and February 28, 2010 (in thousands):</div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><table cellpadding="0" cellspacing="0" width="90%" style="font-family: times new roman; font-size: 10pt;"><tr><td align="left" valign="bottom" width="66%" style="border-bottom: black 2px solid;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">For the Fiscal Years Ended February 28</div></td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">2011</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">2010</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Change in projected benefit obligation:</div></td><td align="left" valign="bottom" width="1%"> </td><td align="left" colspan="2" valign="bottom" width="10%"><div align="left" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="left" valign="bottom" width="1%"> </td><td align="left" colspan="2" valign="bottom" width="10%"><div align="left" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Beginning of year</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">7,411</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">7,307</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Service cost – benefits earned during the year</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">311</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Amendments/settlements/curtailments</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">(840</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">)</td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Interest cost</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">412</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">443</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Benefit payments</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">(740</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">)</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">(652</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">)</td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Actuarial loss</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">598</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">842</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%" style="padding-bottom: 4px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">End of year</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">7,681</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">7,411</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Accumulated benefit obligation</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">7,681</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">7,411</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Change in plan assets:</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Fair value of plan assets at beginning of year</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Employer contribution</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">740</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">652</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Benefits paid</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">(740</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;">)</td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">(652</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;">)</td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Fair value of plan assets at end of year</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Amounts recognized in the statement of financial position:</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Current liabilities</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">(740</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">)</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">(740</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">)</td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Non-current liabilities</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">(6,941</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;">)</td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">(6,671</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;">)</td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%" style="padding-bottom: 4px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Pension liability at end of year</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">(7,681</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;">)</td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">(7,411</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;">)</td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Amounts recognized in accumulated other comprehensive loss:</div></td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Net loss</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">608</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">9</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%" style="padding-bottom: 4px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Total amount recognized in accumulated other comprehensive income</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">608</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">9</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Assumptions used in determining actuarial present value of benefit obligations:</div></td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Discount rate</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">4.75</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">5.25</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Weighted average rate of compensation increase</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr></table></div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><div align="center"><table cellpadding="0" cellspacing="0" width="90%" style="font-family: times new roman; font-size: 10pt;"><tr><td align="left" valign="bottom" width="64%" style="border-bottom: black 2px solid;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">For the Fiscal Years Ended February 28,</div></td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">2011</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">2010</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">2009</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr><td align="left" valign="bottom" width="64%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Components of net periodic benefit costs:</div></td><td valign="bottom" width="1%"> </td><td colspan="2" valign="bottom" width="10%"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td colspan="2" valign="bottom" width="10%"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td colspan="2" valign="bottom" width="10%"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="64%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Service cost – benefits earned during the year</div></td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">311</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">477</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="64%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Interest cost on projected benefit obligation</div></td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">412</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">443</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">438</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="64%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Amortization of transition obligation</div></td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">245</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="64%" style="padding-bottom: 4px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Net periodic pension expense</div></td><td valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">412</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">754</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">1,160</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="64%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Assumptions used to calculate periodic pension cost:</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="64%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Discount rate</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">4.75</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">5.25</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">6.75</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="64%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Weighted average rate of compensation increase</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr></table></div></div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">The discount rate used in the Plan's measurement is based upon a weighted average of high-quality long-term investment yields during the six-month period preceding the date of measurement.</div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">Although the Plan is unfunded, the Company is the beneficiary of life insurance policies that have been purchased as a method of partially financing benefits. The cash surrender value of these policies was approximately $1.7 million at February 28, 2011 and February 28, 2010.</div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">Annual benefit payments and contributions under this plan are expected to be approximately $0.7 million in fiscal 2012 through fiscal 2014, respectively, and approximately $3.9 million cumulatively in fiscal 2015 through fiscal 2021.</div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">The estimated portion of net gains and losses, prior service costs and credits and transition assets and obligations of the plan to be amortized during the next fiscal year is a negligible amount.</div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">Retirement Plan - SMSC Japan</div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">One of the Company's subsidiaries, SMSC Japan, also maintains an unfunded retirement plan, which provides its employees and directors with separation benefits, consistent with customary practices in Japan. Benefits under this defined benefit plan are based upon length of service and compensation factors.</div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">The following tables summarize changes in the plan's benefit obligation, the plan assets and components of net periodic benefit costs, including key assumptions. The measurement dates for the plan assets and obligations were February 28, 2011 and February 28, 2010 (in thousands) :</div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div></div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><div><div align="center"><table cellpadding="0" cellspacing="0" width="90%" style="font-family: times new roman; font-size: 10pt;"><tr><td align="left" valign="bottom" width="66%" style="border-bottom: black 2px solid;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">For the Fiscal Years Ended February 28,</div></td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">2011</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">2010</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Change in projected benefit obligation:</div></td><td align="left" valign="bottom" width="1%"> </td><td align="left" colspan="2" valign="bottom" width="10%"><div align="left" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="left" valign="bottom" width="1%"> </td><td align="left" colspan="2" valign="bottom" width="10%"><div align="left" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Beginning of year</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">1,550</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">1,586</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Service cost – benefits earned during the year</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">244</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">138</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Interest cost</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">18</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">14</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Benefit payments</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">(193</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">)</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">(402</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">)</td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Other</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">127</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">214</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%" style="padding-bottom: 4px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">End of year</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">1,746</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">1,550</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Accumulated benefit obligation</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">1,685</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">1,372</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Change in plan assets:</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Fair value of plan assets at beginning of year</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Employer contribution</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">193</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">402</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Benefits paid</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">(193</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;">)</td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">(402</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;">)</td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%" style="padding-bottom: 4px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Fair value of plan assets at end of year</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">-</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Amounts recognized in the statement of financial position:</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Current liabilities</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">(204</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">)</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">(187</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">)</td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Non-current liabilities</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">(1,542</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;">)</td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">(1,363</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;">)</td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%" style="padding-bottom: 4px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Net amounts recognized</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">(1,746</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;">)</td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">(1,550</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;">)</td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Amounts recognized in accumulated other comprehensive loss:</div></td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Net loss</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">51</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">63</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%" style="padding-bottom: 4px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Total amount recognized in accumulated other comprehensive income</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">51</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">63</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Assumptions used in determining actuarial present value of benefit obligations:</div></td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Discount rate</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">1.25</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">1.50</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="66%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Weighted average rate of compensation increase</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">3.00</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">3.00</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td></tr></table></div></div></div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><table cellpadding="0" cellspacing="0" width="90%" style="font-family: times new roman; font-size: 10pt;"><tr><td align="left" valign="bottom" width="54%" style="border-bottom: black 2px solid;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">For the Fiscal Years Ended February 28,</div></td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;">2011</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 3.25pt;">2010</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td colspan="2" valign="bottom" width="10%" style="border-bottom: black 2px solid;"><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 3.7pt;">2009</div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr><td align="left" valign="bottom" width="54%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Components of net periodic benefit costs:</div></td><td align="left" valign="bottom" width="1%"> </td><td align="left" colspan="2" valign="bottom" width="10%"><div align="left" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="left" valign="bottom" width="1%"> </td><td align="left" colspan="2" valign="bottom" width="10%"><div align="left" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 3.25pt;"> </div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td align="right" colspan="2" valign="bottom" width="10%"><div align="right" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 3.7pt;"> </div></td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="54%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Service cost – benefits earned during the year</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">244</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">138</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;">$</td><td valign="bottom" width="9%" style="text-align: right;">79</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="54%" style="padding-bottom: 2px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Interest cost on projected benefit obligation</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">18</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">14</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 2px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left;"> </td><td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right;">26</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 2px;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="54%" style="padding-bottom: 4px;"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Net periodic pension expense</div></td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">262</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">152</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td><td align="right" valign="bottom" width="1%" style="padding-bottom: 4px;"> </td><td valign="bottom" width="1%" style="border-bottom: black 4px double; text-align: left;">$</td><td valign="bottom" width="9%" style="border-bottom: black 4px double; text-align: right;">105</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left; padding-bottom: 4px;"> </td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="54%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Assumptions used to calculate periodic pension cost:</div></td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;"> </td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;"> </td></tr><tr bgcolor="#cceeff"><td align="left" valign="bottom" width="54%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Discount rate</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">1.25</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">1.50</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">1.75</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td></tr><tr bgcolor="white"><td align="left" valign="bottom" width="54%"><div align="left" style="text-indent: -9pt; display: block; margin-left: 9pt; margin-right: 0pt;">Weighted average rate of compensation increase</div></td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">3.00</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">3.00</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td><td align="right" valign="bottom" width="1%"> </td><td valign="bottom" width="1%" style="text-align: left;"> </td><td valign="bottom" width="9%" style="text-align: right;">3.00</td><td nowrap="nowrap" valign="bottom" width="1%" style="text-align: left;">%</td></tr></table></div><div align="center" style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">The discount rate used in the Plan's measurement is based upon an average of high-quality long-term investment yields in Japan. The weighted average rate of compensation increase reflects management's current expectations of future compensation trends.</div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;"> </div><div align="left" style="text-indent: 18pt; display: block; margin-left: 0pt; margin-right: 0pt;">There are no benefit payments expected to be made by the plan in fiscal 2012. However, the plan as it pertains to non-director employees will be transitioned to a defined contribution plan over the next year, and SMSC Japan intends on funding $0.2 million of the accrued pension cost over the next year and transferring such amounts to the non-director employees defined contribution plan.</div></div>14. 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