Incredimail 2011 Annual Report Download - page 114
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PERION NETWORK LTD. AND ITS SUBSIDIARIES
(Formerly: Incredimail Ltd.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
U.S. dollars in thousands (except share and per share data)
The facilities of the Company are rented under operating lease agreements that expire in 2015. The Company leases its motor vehicles under cancelable
operating lease agreements.
Aggregate minimum lease commitments under operating leases as of December 31, 2011, were as follows:
Total rent expenses for the years ended December 31, 2009, 2010 and 2011 amounted to $ 448, $ 503 and $ 586, respectively.
Total lease expenses for the years ended December 31, 2009, 2010 and 2011 amounted to $ 382, $ 395 and $ 349, respectively.
NOTE 8:
-
ACCRUED EXPENSES AND OTHER LIABILITIES
December 31,
2010
2011
Employees and payroll accruals
$
1,827
$
1,556
Current severance pay
287
-
Government authorities
1,135
1,429
Uncertain tax position liability
1,388
2,151
Deferred tax liabilities, net
996
-
Accrued expenses and other
573
1,814
$
6,206
$
6,950
NOTE 9:
-
COMMITMENTS AND CONTINGENT LIABILITIES
2012
$
760
2013
735
2014
735
2015
422
$
2,652
F
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