Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies

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Commitments and Contingencies
12 Months Ended
Dec. 31, 2012
Commitments and Contingencies

9. Commitments and Contingencies

Operating Leases

We lease office and warehouse space through operating leases. Some of the leases have renewal clauses, which range from 3 to 6 years.

The following schedule represents the annual future minimum payments under these commitments, as of December 31, 2012:

 

(in thousands)

   Operating  

2013

   $ 1,646   

2014

     1,153   

2015

     366   

2016

     27   
  

 

 

 

Total minimum lease payments

   $ 3,192   
  

 

 

 

We incurred rent expense of $2.1 million, $2.6 million and $2.6 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Risks and Uncertainties

We are subject to risks and uncertainties in the normal course of our business, including legal proceedings; governmental regulation, such as the interpretation of tax and labor laws; and consumer sensitivity to changes in general economic conditions. We have accrued for probable and estimatable costs that may be incurred with respect to identified risks and uncertainties based upon the facts and circumstances currently available to us. Due to uncertainties in the estimating process, actual costs could vary from those accruals.