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PROPOSAL TWO
RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM
The audit committee of our board of directors has selected Ernst & Young LLP, or Ernst & Young, as our
independent registered public accounting firm for the fiscal year ending December 31, 2012, and has further
directed that management submit the selection of an independent registered public accounting firm for
ratification by the stockholders at the annual meeting. Ernst & Young has audited our consolidated financial
statements since September 1997. Representatives of Ernst & Young are expected to be present at the annual
meeting, will have an opportunity to make a statement if they so desire and will be available to respond to
appropriate questions.
Neither our bylaws nor other governing documents or law require stockholder ratification of the selection
of Ernst & Young as our independent registered public accounting firm. However, the audit committee is
submitting the selection of Ernst & Young to the stockholders for ratification as a matter of good corporate
practice. If the stockholders fail to ratify the selection, the audit committee will reconsider whether or not to
retain that firm. Even if the selection is ratified, the audit committee in its discretion may direct the
appointment of a different independent registered public accounting firm at any time during the year if they
determine that such a change would be in the best interests of the company and our stockholders.
Independent Registered Public Accounting Firm Fee Information
In connection with the audit of our 2012 financial statements, we expect to enter into an engagement
agreement with Ernst & Young that will set forth the terms by which Ernst & Young would perform audit
services for us, including responsibilities of Ernst & Young and management in the conduct of the audit and
estimated fees. Our engagement agreements with Ernst & Young are typically subject to alternative dispute
resolution procedures.
The following table represents aggregate fees billed or to be billed to us for services performed for the
fiscal years ended December 31, 2011 and 2010, by Ernst & Young, our independent registered public
accounting firm.
Fiscal Year
(in thousands)
2011 2010
Audit Fees................................................ $840 $1,142
Audit-Related Fees .......................................... 16 —
Tax Fees ................................................. 76 70
All Other Fees ............................................. — —
Total Fees .............................................. $932 $1,212
All services provided by Ernst & Young for the fiscal years ended December 31, 2011 and 2010 were
approved by the audit committee.
Audit Fees
The aggregate fees billed or expected to be billed by Ernst & Young for financial audit services totaled
approximately $0.8 million for 2011 and $1.1 million for 2010.
Audit-Related Fees
There were $16,000 in audit-related fees paid to Ernst & Young in 2011, corresponding to fees for
auditor consents prepared in connection with two registration statements filed by the Company during the
year. For 2010, there were no fees for audit-related services other than the audit fees specified above.
10