Annual report pursuant to Section 13 and 15(d)

Employee Benefit Plan

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Employee Benefit Plan
12 Months Ended
Dec. 31, 2012
Employee Benefit Plan

12. Employee Benefit Plan

We maintain a defined contribution benefit plan in compliance with Section 401(k) of the IRC (the “401(k) Plan”), which covers those employees who meet the 401(k) Plan’s eligibility requirements. During 2012, 2011 and 2010, the Company’s matching contribution was 100% of each participant’s contribution up to a maximum of 6% for 2012 and 5% for prior years of the participant’s eligible compensation, subject to limitations imposed by the Internal Revenue Service (“IRS”). Our expenses relating to the 401(k) Plan were $2.1 million, $1.8 million and $1.4 million for the years 2012, 2011 and 2010, respectively.