1.00
11303000
29782000
17790000
9565000
25091000
125627000
119137000
2911000
4180000
6924000
3484000
31094000
21154000
21400000
7900000
5483000
749000
2171000
5240000
92084000
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22752000
2521000
4100000
20000000
60000000
10000000
10000000
10000000
400000000
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16000
2285000
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36922000
51698000
6000
465000
339000
1039000
2128000
600000
3300000
7189000
754575000
114047000
4350631
23.01
9.17
4350631
60287498
5067000
520967000
237217000
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100000
3148000
14013000
22595000
970000
5780000
24348000
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30136000
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2739000
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30.54
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39.78
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28.00
10.40
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0.74
6560000
6977000
0.26
60106780
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54958912
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0.06
24.15
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54958912
34.87
11900
54958912
37
14203000
10383000
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15502000
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2657000
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13.69
42.14
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48.30
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400000
1000000
444851
6000000
400000
901773
72.55
1626582
24.15
657729
34.87
657729
11.94
1626582
6000
12000
17.17
17.17
61755
61755
22.26
22.26
3118
66.97
66.97
109894
250939
22.30
22.30
7908
27213
36.22
36.22
400
400
20.16
20.16
30000
60000
16.80
16.80
920
7100
37.90
37.90
600
600
18.98
18.98
806
4030
51.35
51.35
7520
71670
47.03
47.03
158073
255694
20.28
20.28
15969
66.47
66.47
2670
4450
26.71
26.71
13556
140881
48.67
48.67
1950
1950
26.20
26.20
3000
3000
29.45
29.45
232366
68.39
68.39
50000
50000
15.84
15.84
4000
57200
20.59
20.59
20468
105992
40.83
40.83
70997
179603
32.37
32.37
4450
7890
23.66
23.66
1350
1350
35.33
35.33
101412
101412
24.46
24.46
16252000
25987000
565000
4200000
4200000
1200000
2900000
2000000
34800000
63793000
0.01
0.75
0.12
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6256000
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0.26
54958912
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17300000
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29200000
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0.020
0.0095
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1205000
169000
182000
166000
182000
8537000
5350000
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101736000
664754000
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3000
1.00
0.037
0.040
71000
27369000
376000
68000
72000
66000
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75000
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350000000
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4720000
3763000
92084000
4800000
170000
41039000
1357000
489000
13592000
90541000
11169000
1325000
336993
P2Y
600000
P6Y6M
6600000
143500000
22399000
1964000
141536000
P3Y
7900000
P7Y
21400000
104800000
116002000
11283000
108717000
3998000
120000000
P1Y
2500000
P7Y
22800000
2500000
1964000
882419
57900000
7400000
P7Y
P11Y
P4Y6M
1400000
P1Y2M12D
1200000
P7Y6M
5200000
P7Y6M
11200000
2012-02-20
2012-01-01
2011-12-31
2011-11-23
2012-10-26
2012-07-30
5316062
400000000
1600000
P2Y
P9Y
1300000
P6Y
P5Y
10000
P4Y
400000
P10Y
1800000
2012-04-22
2012-02-22
P3Y
400000
P9M18D
400000
P10Y
10200000
51897000
199000
P1Y
600000
P3Y
3300000
40000000
100000000
63541000
9860000
53681000
P90D
48
P6Y
10300000
456922
199000
1345977
0
60907274
221227000
1.69
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62253251
1.65
0.125
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120865000
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2598000
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6743000
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0
76066000
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5195120
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1553000
68472000
1288000
845413000
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899000
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26993000
899000
225000
-1046000
87000
130200000
349000
240000
9033000
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0.0076
21.60
1249759
12.05
0.40
0.00
27000000
50000
264950
392034
33.09
21.60
1249759
12.05
25.27
1249759
8.58
10.02
392034
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0.26
0.10
4412000
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1.67
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1.66
1.69
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1635302
2640610
61496115
P3Y2M19D
169948000
2.80
P4Y6M29D
2869000
63131417
2.73
0.125
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3100000
211146000
238000
213000
8796000
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0.0157
24.02
926407
14.09
0.32
0.00
22300000
233726
P1Y8M1D
4900000
P1Y9M7D
0
366985
186666
45.82
24.02
926407
14.09
22.17
926407
9.45
9.01
186666
366985
800000
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0.31
233726
2640610
926407
74000
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172468000
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0.047
0.040
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44000
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91000
5424000
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4125000
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359000
406000
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20000
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372634000
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7478000
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23277000
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5629000
5629000
5629000
3167000
337000
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1319000
300000
10211000
12531000
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2.73
2.81
172508000
1543820000
2.84
2.92
179289000
1556936000
2.73
2.80
172390000
1527685000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(h)           Disclosure
about fair value of financial instruments</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following methods and assumptions were used to estimate the fair
value of each material class of financial instrument:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Cash,
cash equivalents, unbilled revenue, other receivables, short term
investments, prepayments and other current assets, accounts
receivable, accounts payable, investigator payments, payments on
account, accrued liabilities, accrued bonuses and income taxes
payable have carrying amounts that approximate fair value due to
the short term maturities of these instruments. Other
liabilities’ carrying amounts approximate fair value based on
net present value of estimated future cash flows.</font></div>
</div>
20-F
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
8. Other Non-Current Liabilities</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Personnel
related liabilities (note 9)*</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,187</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,059</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Defined
benefit pension obligations, net (note 9)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,002</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,466</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
non-current liabilities</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,035</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,654</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%">
<div style="TEXT-ALIGN: right; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,224</font></font></font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13,179</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">*An
amount of $764,000 was included within other liabilities in respect
of the Company’s Swiss pension plan at December 31,
2014.  The total pension liability recorded at December
31, 2014 was $1,823,000.</font></div>
</div>
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company’s consolidated reported provision for income taxes
differed from the amount that would result from applying the Irish
statutory rate as set forth below:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Taxes
at Irish statutory rate of 12.5% (2014:12.5%;
2013:12.5%)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">34,856</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25,340</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15,108</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Foreign
and other income taxed at higher rates</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,614</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,152</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,873</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Research
& development tax incentives</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(695</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,810</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(2,598</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Movement
in valuation allowance</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(4,133</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,965</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,389</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Effects
of change in tax rates</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">543</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,553</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Increase/(decrease)
in unrecognized tax benefits</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,085</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,869</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,409</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Effects
of permanent items</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(463</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,048</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,790</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">63</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">71</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(73</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
for income taxes</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">39,311</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30,248</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18,053</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
5. Intangible Assets</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 1.7pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Cost</font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Customer
relationships acquired</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">90,541</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36,130</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Technology
asset acquired</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,169</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,169</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Order
backlog</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13,592</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,171</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Tradenames
acquired</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,357</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,357</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Volunteer
list acquired</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,325</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,325</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-compete
arrangements </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 489</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 489</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Aptiv
intangible asset</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
 <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
 <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,037</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,092</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,769</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">113,381</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">80,909</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accumulated
amortization</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(49,587</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(32,120</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,333</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">930</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
book value</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66,127</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">49,719</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
December 4, 2015 the Company acquired PMG, an integrated network of
48 clinical research sites in North Carolina, South Carolina,
Tennessee and Illinois.  The site network includes wholly
owned facilities and dedicated clinical research
sites.  PMG conducts clinical trials in all major
therapeutic areas and has particular expertise in vaccine,
gastroenterology, cardiovascular, neurology and endocrinology
studies.  The value of certain customer relationships
identified of $10.3 million is being amortized over approximately 6
years, the estimated period of benefit.  $170,000 has
been amortized in the period since the date of
acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
February 27, 2015 the Company acquired MediMedia Pharma
Solutions.  Headquartered in Yardley, Pennsylvania,
MediMedia Pharma Solutions includes MediMedia Managed Markets and
Complete Healthcare Communications. MediMedia Managed Markets is a
leading provider of strategic payer-validated market access
solutions. Complete Healthcare Communications is one of the leading
medical and scientific communication agencies working with medical
affairs, commercial and brand development teams within life science
companies.  The value of certain customer relationships
and order backlog identified of $22.8 million and $2.5 million
respectively are being amortized over approximately 7 years and 1
year, the estimated period of benefit. $4.8 million has been
amortized in the period since the date of acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
May 7, 2014 the Company acquired Aptiv Solutions
(“Aptiv”), a global biopharmaceutical and medical
device development services company and leader in adaptive clinical
trials. Aptiv offers full-service clinical trial consulting and
regulatory support for drugs, medical devices and diagnostics with
a specific focus on strategy to increase product development
efficiency and productivity. The value of certain customer
relationships and order backlog identified of $21.4 million and
$7.9 million respectively are being amortized over approximately 7
years and 3 years, the estimated period of
benefit.  $9,484,000 has been amortized in the period
since the date of acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
February 15, 2013 the Company acquired the Clinical Trial Services
division of Cross Country Healthcare, Inc.  Cross Country
Healthcare’s Clinical Trial Services division includes US
resourcing providers, ClinForce and Assent Consulting, whose
services include contract staffing, permanent placement and
functional service provision (“FSP”). The value of
certain customer relationships and order backlog identified of $3.3
million and $0.6 million respectively are being amortized over
approximately 3 years and 1 year, the estimated period of benefit.
$3,763,000 has been amortized in the period since the date of
acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
February 28, 2012 the Company acquired PriceSpective, a strategy
consulting company. The value of certain customer relationships
identified of $10.2 million is being amortized over approximately
10 years, the estimated period of benefit. The value of order
backlog and certain non-compete arrangements identified of $0.4
million and $0.4 million respectively are being amortized over
approximately 0.8 and 3 years, the estimated period of
benefit.  $4,720,000 has been amortized in the period
since the date of acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
February 15, 2012 the Company acquired BeijingWits Medical, a
Chinese CRO. The value of certain customer relationships and order
backlog identified of $1.8 million and $0.4 million respectively
are being amortized over approximately 10 and 4 years, the
estimated period of benefit. The value of certain non-compete
arrangements identified of $0.01 million are being amortized over
approximately 5 years, the estimated period of
benefit.  $1,136,000 has been amortized in the period
since the date of acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
July 14, 2011 the Company acquired Firecrest Clinical Limited, a
provider of technology solutions that boost investigator site
performance and study management. The value of certain technology
assets and customer relationships identified of $11.2 million and
$5.2 million respectively are being amortized over approximately
7.5 years, the estimated period of benefit. The value of the
Firecrest tradename and order backlog identified of $1.4 million
and $1.2 million respectively are being amortized over
approximately 4.5 and 1.2 years, the estimated period of
benefit.  $11,103,000 has been amortized in the period
since the date of acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
January 14, 2011 the Company acquired Oxford Outcomes Limited, an
international health outcomes consultancy business. The value of
certain customer relationships and order backlog identified of $6.6
million and $0.6 million respectively are being amortized over
approximately 6.5 and 2 years, the estimated period of
benefit.   $5,795,000 has been amortized in the
period since the date of acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
November 14, 2008 the Company acquired Prevalere Life Sciences, a
US provider <font style="FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">of bioanalytical
and immunoassay laboratory services.  </font>The value of
certain customer relationships identified of $7.4 million is being
amortized over periods ranging from approximately 7 to 11 years,
the estimated period of the benefit.  $5,792,000 has been
amortized in the period since the date of acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
February 11, 2008 the Company acquired Healthcare Discoveries, a US
provider of Phase I clinical trial services.  The value
of certain client relationships identified of $1.6 million is being
amortized over periods ranging from approximately 2 to 9 years, the
estimated periods of benefit.  The value of certain
volunteer lists identified of $1.3 million is being amortized over
approximately 6 years, the estimated period of benefit. $2,812,000
has been amortized in the period since the date of
acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Future
intangible asset amortization expense for the years ended December
31, 2016 to December 31, 2020 is as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2016</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15,599</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2017</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,451</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2018</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,034</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2019</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,494</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2020</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,215</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">57,793</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></div>
</div>
ICLR
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">a)  The
distribution of net revenue by geographical area was as
follows:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%" colspan="9">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></font></div>
</div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%" colspan="9">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">429,631</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">360,376</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">272,683</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">330,487</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">372,634</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">333,543</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">650,941</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">605,815</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">582,250</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">163,919</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">164,491</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">147,582</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,574,978</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,503,316</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,336,058</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
6. Property, Plant and Equipment, net</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Cost</font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Land</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,464</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,464</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Building</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">80,861</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">88,580</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Computer
equipment and software</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">282,909</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">247,980</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Office
furniture and fixtures</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">65,152</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">64,690</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Laboratory
equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">31,098</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,599</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Leasehold
improvements</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20,647</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19,516</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Motor
vehicles</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">484,178</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">447,876</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Less
accumulated depreciation and asset write offs</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(333,960</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(299,691</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Property,
plant and equipment (net)</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">150,218</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">148,185</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left"><br class="Apple-interchange-newline" />
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">At
start of  year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">97,100</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">138,317</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Additions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,194</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">61,328</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Disposals</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(25,250</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(102,565</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Unrealized
capital (loss)/gain – investments</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(54</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">At
end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">85,990</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">97,100</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(k)           Intangible
assets</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Intangible
assets are amortized on a straight line basis over their estimated
useful life.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">h)
The following table sets forth the clients which represented 10% or
more of the Company's net revenue in each of the periods set out
below.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Client
A</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">31</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">31</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Client
B</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">*</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">*</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 20pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">*
Net revenue did not exceed 10%.</font></div>
</div>
0001060955
2015-12-31
1543098
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">
The expected expiry dates of these losses are as
follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Federal</font></font></div>
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">NOL’s</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
State</font></font></div>
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">NOL’s</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="75%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016-2017 </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">565</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="75%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2023-2033 </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">34,800</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">63,793</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2035 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16,252</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25,987</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="75%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">51,617</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">89,780</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
reconciliation of the number of shares used in the computation of
basic and diluted net income per ordinary share is as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Weighted
average number of ordinary shares outstanding for basic net income
per ordinary share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">58,746,935</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">61,496,115</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">60,907,274</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Effect
of dilutive share options outstanding</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,543,098</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,635,302</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,345,977</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Weighted
average number of ordinary shares outstanding for diluted net
income per ordinary share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">60,290,033</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">63,131,417</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">62,253,251</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
Large Accelerated Filer
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(v)           Share-based
compensation</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company accounts for its share options, restricted share units
(“RSU’s”) and performance share units
(“PSU’s”) in accordance with the provisions of
FASB ASC 718, <font style="FONT-STYLE: italic; DISPLAY: inline">Compensation – Stock
Compensation. </font>Share-based
compensation expense for equity-settled awards made to employees
and Directors is measured and recognized based on estimated grant
date fair values. These equity-settled awards include employee
share options, RSU’s and PSU’s.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Share-based
compensation expense for share options awarded to employees and
Directors is estimated at the grant date based on each
option’s fair value as calculated using the Black-Scholes
option-pricing model. Share-based compensation for RSU’s and
PSU’s awarded to employees and Directors is calculated based
on the market value of the Company’s shares on the date of
award of the RSU’s and PSU’s. The value of awards
expected to vest is recognized as an expense over the requisite
service periods. Forfeitures are estimated on the date of grant and
revised if actual or expected forfeiture activity differs
materially from original estimates.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Estimating
the grant date fair value of share options as of the grant date
using an option-pricing model, such as the Black-Scholes model, is
affected by the Company’s share price as well as assumptions
regarding a number of complex variables. These variables include,
but are not limited to, the expected share price volatility over
the term of the awards, risk-free interest rates, and the expected
term of the awards.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Non-vested
shares outstanding as at December 31, 2015 are as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 10pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Options</font></div>
<div style="MARGIN-LEFT: 10pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Outstanding</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Exercise Price</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Fair Value</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-vested
outstanding at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,203,150</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30.54</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.98</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">259,059</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.25</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19.75</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Vested</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(379,992</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28.25</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.49</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Forfeited</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(113,364</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25.21</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.50</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-vested
outstanding at December  31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">968,853</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">42.14</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13.69</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
10. Equity Incentive Schemes and Stock Compensation
Charges</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-STYLE: italic; DISPLAY: inline">
Share Options</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
July 21, 2008 the Company adopted the Employee Share Option Plan
2008 (the “2008 Employee Plan”) pursuant to which the
Compensation and Organization Committee of the Company’s
Board of Directors may grant options to any employee, or any
Director holding a salaried office or employment with the Company
or a Subsidiary for the purchase of ordinary shares. On the same
date, the Company also adopted the Consultants Share Option Plan
2008 (the “2008 Consultants Plan”), pursuant to which
the Compensation and Organization Committee of the Company’s
Board of Directors may grant options to any consultant, adviser or
non-executive Director retained by the Company or any Subsidiary
for the purchase of ordinary shares.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Each
option granted under the 2008 Employee Plan or the 2008 Consultants
Plan (together the “2008 Option Plans”) will be an
employee stock option, or NSO, as described in Section 422 or 423
of the Internal Revenue Code. Each grant of an option under the
2008 Options Plans will be evidenced by a Stock Option Agreement
between the optionee and the Company. The exercise price will be
specified in each Stock Option Agreement, however option prices
will not be less than 100% of the fair market value of an ordinary
share on the date the option is granted.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">An
aggregate of 6.0 million ordinary shares have been reserved under
the 2008 Employee Plan, as reduced by any shares issued or to be
issued pursuant to options granted under the 2008 Consultants Plan,
under which a limit of 400,000 shares applies.  Further,
the maximum number of ordinary shares with respect to which options
may be granted under the 2008 Employee Option Plan, during any
calendar year to any employee shall be 400,000 ordinary
shares.  There is no individual limit under the 2008
Consultants Plan.   No options may be granted under
the 2008 Option Plans after July 21, 2018.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
January 17, 2003 the Company adopted the Share Option Plan 2003
(the “2003 Share Option Plan”) pursuant to which the
Compensation and Organization Committee of the Board could grant
options to officers and other employees of the Company or its
subsidiaries for the purchase of ordinary shares.  An
aggregate of 6.0 million ordinary shares were reserved under the
2003 Share Option Plan; and, in no event could the number of
ordinary shares issued pursuant to options awarded under this plan
exceed 10% of the outstanding shares, as defined in the 2003 Share
Option Plan, at the time of the grant, unless the Board expressly
determined otherwise. Further, the maximum number of ordinary
shares with respect to which options could be granted under the
2003 Share Option Plan during any calendar year to any employee was
400,000 ordinary shares.  The 2003 Share Option Plan
expired on January 17, 2013.  No new options may be
granted under this plan.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Share
option awards are granted with an exercise price equal to the
market price of the Company’s shares at date of
grant.  Share options typically vest over a period of
five years from date of grant and expire eight years from date of
grant.  The maximum contractual term of options
outstanding at December 31, 2015 is eight years.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following table summarizes the transactions for the Company’s
share option plans for the years ended December 31, 2015, December
31, 2014 and December 31, 2013:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Options Granted</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Under Plans</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Exercise Price</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 15pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Grant Date Fair</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 15pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Value</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2012</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,350,631</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,350,631</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23.01</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.17</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">264,950</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">264,950</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">33.09</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12.05</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Exercised</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,249,759</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,249,759</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21.60</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8.58</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cancelled</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(392,034</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(392,034</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25.27</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.02</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2013</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,973,788</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,973,788</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.20</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.57</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">366,985</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">366,985</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">45.82</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14.09</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Exercised</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(926,407</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(926,407</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.02</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.45</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cancelled</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(186,666</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(186,666</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.17</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.01</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,227,700</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,227,700</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28.00</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.40</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">259,059</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">259,059</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.25</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19.75</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Exercised</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(773,753</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(773,753</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">27.13</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.31</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cancelled</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(86,424</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(86,424</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">27.32</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.31</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,626,582</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,626,582</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">34.87</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11.94</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Vested
and exercisable at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">657,729</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">657,729</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.15</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.36</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
weighted average remaining contractual life of options outstanding
and options exercisable at December 31, 2015, was 4.76 years and
3.39 years respectively (2014: 4.58 years and 3.22 years
respectively). 336,993 options are expected to vest during the year
ended December 31, 2016 (494,951 options were expected to vest
during the year ended December 31, 2015).</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
intrinsic value of options exercised during the year ended December
31, 2015 amounted to $34.2 million.  The intrinsic value
of options outstanding and options exercisable at December 31, 2015
amounted to $69.7 million and $35.2 million
respectively.  Intrinsic value is calculated based on the
market value versus strike price of the Company’s shares at
the date of exercise.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Non-vested
shares outstanding as at December 31, 2015 are as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 10pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Options</font></div>
<div style="MARGIN-LEFT: 10pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Outstanding</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Exercise Price</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Fair Value</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-vested
outstanding at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,203,150</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30.54</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.98</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">259,059</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.25</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19.75</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Vested</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(379,992</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28.25</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.49</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Forfeited</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(113,364</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25.21</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.50</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-vested
outstanding at December  31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">968,853</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">42.14</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13.69</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-STYLE: italic; DISPLAY: inline">
 </font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-STYLE: italic; DISPLAY: inline">
Outstanding and exercisable share options:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following table summarizes information concerning outstanding and
exercisable share options as of December 31, 2015:</font></div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="top" colspan="14">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Options Outstanding</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Options Exercisable</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Range Exercise Price</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Remaining Contractual Life</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Exercise Price</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Exercise Price</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15.84</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">50,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15.84</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">50,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15.84</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16.80</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">60,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.83</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16.80</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16.80</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">17.17</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.85</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">17.17</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">17.17</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18.98</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">600</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.87</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18.98</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">600</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18.98</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">400</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.88</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">400</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.28</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">255,694</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.17</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.28</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">158,073</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.28</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.59</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">57,200</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.14</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.59</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.59</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">61,755</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.15</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">61,755</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.30</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">250,939</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.32</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.30</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">109,894</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.30</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23.66</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,890</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.58</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23.66</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,450</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23.66</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.46</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">101,412</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.18</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.46</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">101,412</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.46</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,950</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,950</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.71</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,450</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.86</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.71</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,670</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.71</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29.45</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29.45</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29.45</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32.37</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">179,603</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.34</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32.37</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">70,997</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32.37</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">35.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,350</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">35.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,350</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">35.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36.22</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">27,213</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.47</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36.22</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,908</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36.22</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">37.90</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,100</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.93</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">37.90</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">920</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">37.90</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40.83</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">105,992</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.40</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40.83</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20,468</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40.83</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47.03</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">71,670</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.18</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47.03</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,520</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47.03</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">48.67</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">140,881</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.21</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">48.67</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13,556</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">48.67</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51.35</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,030</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.61</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51.35</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">806</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51.35</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.47</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15,969</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.47</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.47</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.97</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,118</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7.46</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.97</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.97</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">232,366</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7.22</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
15.84 - $68.39</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
1,626,582</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
4.76</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
34.87</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
657,729</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
24.15</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Options
outstanding include both vested and unvested options as at December
31, 2015. Options exercisable represent options which have vested
at December 31, 2015. From the date of grant, substantially all
options vest over a five year period at 20% per annum.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-STYLE: italic; DISPLAY: inline">
Fair value of Stock Options Assumptions</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
weighted average fair value of options granted during the years
ended December 31, 2015, December 31, 2014 and December 31, 2013
was calculated using the Black-Scholes option pricing model. The
weighted average fair values and assumptions were as
follows:</font></div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Weighted
average fair value</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19.75</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14.09</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12.05</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="DISPLAY: inline">Assumptions:</font></font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
volatility</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Dividend
yield</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Risk-free
interest rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.58</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.57</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.76</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
life</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.0
years</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.0
years</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.0
years</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Expected
volatility is based on the historical volatility of our common
stock over a period equal to the expected term of the options; the
expected life represents the weighted average period of time that
options granted are expected to be outstanding given consideration
to vesting schedules, and our historical experience of past vesting
and termination patterns. The risk-free rate is based on the U.S.
government zero-coupon bonds yield curve in effect at time of the
grant for periods corresponding with the expected life of the
option.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-STYLE: italic; DISPLAY: inline">
Restricted Share Units and Performance Share Units</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
July 21, 2008 the Company adopted the 2008 Employees Restricted
Share Unit Plan (the “2008 RSU Plan”) pursuant to which
the Compensation and Organization Committee of the Company’s
Board of Directors may select any employee, or any Director holding
a salaried office or employment with the Company, or a Subsidiary
to receive an award under the plan.  An aggregate of 1.0
million ordinary shares have been reserved for issuance under the
2008 RSU Plan.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
April 23, 2013 the Company adopted the 2013 Employees Restricted
Share Unit and Performance Share Unit Plan (the “2013 RSU
Plan”) pursuant to which the Compensation and Organization
Committee of the Company’s Board of Directors may select any
employee, or any Director holding a salaried office or employment
with the Company, or a Subsidiary to receive an award under the
plan.  On May 11, 2015 the 2013 RSU Plan was amended and
restated in order to increase the number of shares that can be
issued under the RSU Plan by 2.5 million
shares.  Accordingly, an aggregate of 4.1 million
ordinary shares have been reserved for issuance under the 2013 RSU
Plan.  The shares are awarded at par value and vest over
a service period. Awards under the 2013 RSU Plan may be settled in
cash or shares at the option of the Company.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company has awarded RSU’s and PSU’s to certain key
individuals of the Group. The following table summarizes RSU and
PSU activity for the year ended December 31, 2015:</font></div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
PSU Outstanding</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
PSU</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Fair Value</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
PSU</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Remaining Contractual Life</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
RSU Outstanding</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
RSU</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Fair Value</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
RSU</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Remaining Contractual Life</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">669,171</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">39.78</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.77</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,038,996</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">35.19</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.67</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="28%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">259,110</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.82</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">389,542</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">67.02</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Shares
vested</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(7,990</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">) </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32.38</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(268,870</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.06</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Forfeited</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(18,518</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">46.82</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(92,055</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">44.43</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="28%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">901,773</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">72.55</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.49</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,067,613</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">48.30</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.48</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
fair value of RSU’s vested for the year ended December 31,
2015 totaled $7.0 million (2014: $4.9 million).</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">
The fair value of PSU’s vested for the year ended December
31, 2015 totaled $0.3 million. No PSU’s vested during
2014.</font></font></div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
PSU’s vest based on service and specified EPS targets over
the periods 2014 – 2016 and 2015 – 2017. Since 2013,
456,922 PSU’s (net of forfeitures and exercises) have been
granted.  Depending on the actual amount of EPS from 2013 to
2017, up to an additional 444,851 PSU’s may also be
granted.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-STYLE: italic; DISPLAY: inline">
Non-cash stock compensation expense</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Income
from operations for the year ended December 31, 2015 is stated
after charging $33.3 million in respect of non-cash stock
compensation expense.  Non-cash stock compensation
expense for the year ended December 31, 2015 has been allocated as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" colspan="10">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">  <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">Year
ended</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></font></div>
</div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></font></div>
</div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="10" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Direct
costs</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,358</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,531</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,835</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Selling,
general and administrative</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,959</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10,211</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,385</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> Total
compensation costs</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">33,317</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22,742</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,220</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Total
non-cash stock compensation expense not yet recognized at December
31, 2015 amounted to $61.9 million.  The weighted average
period over which this is expected to be recognized is 2.05
years.  Total tax benefit recognized in additional paid
in capital related to the non-cash compensation expense amounted to
$1.9 million for the year ended December 31, 2015 (2014: $2.4
million, 2013: $1.7 million).</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
income tax expense for the year ended December 31, 2015 reflects a
net income tax benefit of $1.5 million in connection with stock
compensation and the cash tax benefit realized in connection with
stock options exercised during 2015 was $5.6 million. The income
tax expense for the year ended 31 December 2014 reflects a net
income tax benefit of $1.5 million in connection with stock
compensation and the cash tax benefit realized in connection with
stock options exercised during 2014 was $3.9 million.</font></div>
</div>
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">
17. Business Segment and Geographical Information</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company is a contract research organization (“CRO”),
providing outsourced development services on a global basis to the
pharmaceutical, biotechnology and medical device industries. It
specializes in the strategic development, management and analysis
of programs that support all stages of the clinical development
process - from compound selection to Phase I-IV clinical
studies.  The Company has the expertise and capability to
conduct clinical trials in most major therapeutic areas on a global
basis and has the operational flexibility to provide development
services on a stand-alone basis or as part of an integrated
“full service” solution.  The Company has
expanded predominately through internal growth, together with a
number of strategic acquisitions to enhance its expertise and
capabilities in certain areas of the clinical development
process.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company determines and presents operating segments based on the
information that is internally provided to the Chief Executive
Officer, Chief Financial Officer and Chief Operating Officer, who
together are considered the Company’s chief operating
decision maker, in accordance with FASB ASC 280-10 <font style="FONT-STYLE: italic; DISPLAY: inline">Disclosures about Segments of
an Enterprises and Related Information</font>.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Revenues
are allocated to individual entities based on where the work is
performed in accordance with the Company’s global transfer
pricing model.  Revenues and income from operations in
Ireland are a function of this transfer pricing model.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Given
ICON Clinical Research Limited (“ICON Ireland”) role in
the development and management of the group, it’s ownership
of key intellectual property, customer relationships, its key role
in the mitigation of risks faced by the group, plus the
responsibility for maintaining the group’s global network,
ICON Ireland acts as the group entrepreneur and enters into the
majority of the Company’s customer contracts. As such, ICON
Ireland remunerates most of the other operating entities
(“cost plus service providers”) in the ICON Group on
the basis of a guaranteed cost plus mark up for the services they
perform in each of their local territories.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
cost plus mark up for each ICON entity is established to ensure
that each of ICON Ireland and the ICON entities in the various
geographical areas that are involved in the conduct of services for
customers, earn an appropriate arms-length return having regard to
the assets owned, risks borne, and functions performed by each
entity from these intercompany transactions. The cost plus mark-up
policy is reviewed annually to ensure that it is market
appropriate.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Under
this method, the residual operating profits (or losses) of the
group, once the cost plus service providers have been paid their
respective intercompany service fee, generally fall to be retained
by ICON Ireland. The geographic split of revenue disclosed for each
region outside Ireland is the cost plus revenue attributable to
these entities. The revenues disclosed as relating to Ireland are
the net revenues after deducting the cost plus revenues
attributable to the activities performed outside
Ireland.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company's areas of operation outside of Ireland include the United
States, United Kingdom, France, Germany, Italy, Spain, The
Netherlands, Sweden, Turkey, Poland, Czech Republic, Latvia,
Russia, Ukraine, Hungary, Israel, Romania, Switzerland, Canada,
Mexico, Brazil, Colombia, Argentina, Chile, Peru, India, China,
South Korea, Japan, Thailand, Taiwan, Singapore, The Philippines,
Australia, New Zealand, and South Africa.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Business
segment and geographical information as at December 31, 2015 and
December 31, 2014 and for the years ended December 31, 2015,
December 31, 2014 and December 31, 2013 is as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">a)  The
distribution of net revenue by geographical area was as
follows:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%" colspan="9">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></font></div>
</div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%" colspan="9">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">429,631</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">360,376</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">272,683</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">330,487</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">372,634</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">333,543</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">650,941</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">605,815</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">582,250</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">163,919</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">164,491</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">147,582</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,574,978</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,503,316</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,336,058</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">b)
The distribution of income from operations, including restructuring
and other items, by geographical area was as follows:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">189,035</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">138,185</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">81,811</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">38,166</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14,481</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,831</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">45,320</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">39,058</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29,472</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,015</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10,626</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,053</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">281,536</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">202,350</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">121,167</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">c)
The distribution of income from operations, excluding restructuring
and other items, by geographical area was as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">189,035</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">138,185</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">82,867</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">38,166</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">23,277</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6,269</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">45,320</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">39,058</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">33,564</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,015</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10,626</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,500</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">281,536</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">211,146</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">130,200</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">d)
The distribution of property, plant and equipment, net, by
geographical area was as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">101,736</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">95,574</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,334</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10,419</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">34,520</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">33,978</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6,628</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,214</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">150,218</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">148,185</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">e)
The distribution of depreciation and amortization by geographical
area was as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">22,100</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,731</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">19,826</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11,055</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,478</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6,595</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,106</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,491</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16,233</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,416</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,842</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,860</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">57,677</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">52,542</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">46,514</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">f)    The
distribution of total assets by geographical area was as
follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">664,754</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">495,747</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">343,733</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">324,086</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">641,769</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">648,559</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">68,647</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">60,458</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,718,903</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,528,850</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">g)
The distribution of capital expenditures by geographical area was
as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30,900</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15,117</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,976</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,916</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,278</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,887</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15,256</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">12,224</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,842</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,658</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,160</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,783</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">49,730</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">32,779</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29,488</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">h)
The following table sets forth the clients which represented 10% or
more of the Company's net revenue in each of the periods set out
below.</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Client
A</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">31</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">31</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">26</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Client
B</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">*</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">*</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div style="MARGIN-LEFT: 20pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">*
Net revenue did not exceed 10%.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">i)
The distribution of interest income by geographical area was as
follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">102</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">284</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">355</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,151</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">798</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">501</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">49</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">69</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">130</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,306</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,151</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">986</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">j)
The distribution of the income tax charge by geographical area was
as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">21,795</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18,384</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11,073</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,007</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,855</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(7</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,580</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,860</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,072</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,929</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,149</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,915</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">39,311</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30,248</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18,053</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Future
intangible asset amortization expense for the years ended December
31, 2016 to December 31, 2020 is as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2016</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15,599</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2017</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,451</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2018</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,034</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2019</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,494</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2020</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,215</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">57,793</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></div>
</div>
Every holder of an ordinary share present in person or proxy at a general meeting of shareholders shall have one vote, for each ordinary share held with no individual having more than one vote.
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">
4. Goodwill</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Opening
goodwill</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">463,324</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">357,523</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Current
year acquisitions  (note 4 (a) and (b))</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">133,123</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">121,209</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prior
period acquisition (note 4(c))</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,418</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(12,431</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(15,408</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Closing
goodwill</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">588,434</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">463,324</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company has made a number of strategic acquisitions since inception
to enhance its capabilities and experience in certain areas of the
clinical development process.  Goodwill arising on
acquisition represents the excess of the cost of acquired entities
over the net amounts assigned to assets acquired and liabilities
assumed.  Goodwill primarily comprises of the acquired
workforce in place which does not qualify for recognition as an
asset apart from goodwill.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company acquired PMG and MediMedia Pharma Solutions during the
year-ended December 31, 2015 resulting in recognition of goodwill
of $41.0 million and $92.1 million (note 4(a) and note 4 (b))
respectively.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company tests goodwill annually for impairment or whenever events
occur which may indicate impairment.  The results of the
Company’s goodwill impairment testing during the year ended
December 31, 2015 provided no evidence of impairment and indicated
the existence of sufficient headroom such that a reasonably
possible change to the key assumptions used would be unlikely to
result in an impairment of the related goodwill.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">
(a) Acquisitions of PMG</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">On
December 4, 2015 the Company acquired PMG for cash consideration of
$53.7 million.  The Company also made certain payments on
behalf of PMG totalling $9.9 million.  PMG is an
integrated network of 48 clinical research sites in North Carolina,
South Carolina, Tennessee and Illinois.  The site network
includes wholly owned facilities and dedicated clinical research
sites.  PMG conducts clinical trials in all major
therapeutic areas and has particular expertise in vaccine,
gastroenterology, cardiovascular, neurology and endocrinology
studies.  It has a proprietary database of clinical trial
participants.   It also has access to in excess of 2
million active patients via electronic medical records through its
partnerships with healthcare institutions and community physical
practices.   The acquisition agreement provides for
working capital targets to be achieved by PMG within 90 days of
acquisition.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"> </font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
acquisition of PMG has been accounted for as a business combination
in accordance with FASB ASC 805 <font style="FONT-STYLE: italic; DISPLAY: inline">Business
Combinations</font>.  The Company has made a provisional
assessment of the fair value of assets acquired and liabilities
assumed as at that date.  The table following summarizes
the Company’s provisional estimates of the fair values of the
assets acquired and liabilities assumed:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 4,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">194</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
Property, plant and equipment</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> 712</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Goodwill*</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">41,039</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
Intangible asset**</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10,259</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Accounts
receivable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">12,997</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prepayments
and other current assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,329</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Accounts
payable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(530</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(2,459</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
assets acquired</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">63,541</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
consideration </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> 53,681</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other
liabilities assumed</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,860</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total
cash outflows</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">63,541</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">*Goodwill
represents the acquisition of an established workforce with
experience in clinical trial consulting and regulatory support for
the development of drugs, medical devices and diagnostics, with a
specific focus on strategy to increase efficiency and productivity
in product development.</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">**The
Company has estimated a separate intangible asset (in respect of
customer lists acquired) of $10.3 million.  This
assessment is under review and will be finalized within 12 months
of the date of acquisition.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
proforma effect of the PMG acquisition if completed on January 1,
2015 would have resulted in net revenue, net income and earnings
per share for the fiscal years ended December 31, 2015 and December
31, 2014 as follows:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,601,891</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,527,685</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
income</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">243,004</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">172,390</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Basic
earnings per share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4.14</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.80</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Diluted
earnings per share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4.03</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.73</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">
(b) Acquisitions of MediMedia Pharma Solutions</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">On
February 27, 2015 the Company acquired MediMedia Pharma Solutions
for cash consideration of $104.8 million (net of working capital
adjustments of $3.9 million).  In addition to the cash
consideration, certain payments were made on behalf of MediMedia
Pharma Solutions on completion totalling $11.3 million.
Headquartered in Yardley, Pennsylvania, MediMedia Pharma Solutions
includes MediMedia Managed Markets and Complete Healthcare
Communications. MediMedia Managed Markets is a leading provider of
strategic payer-validated market access solutions. Complete
Healthcare Communications is one of the leading medical and
scientific communication agencies working with medical affairs,
commercial and brand development teams within life science
companies. The acquisition agreement also provides for certain
working capital targets to be achieved by MediMedia Pharma
Solutions.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
acquisition of MediMedia Pharma Solutions has been accounted for as
a business combination in accordance with FASB ASC 805 <font style="FONT-STYLE: italic; DISPLAY: inline">Business Combinations</font>.
The following table summarizes the Company’s provisional
estimates of the fair values of the assets acquired and liabilities
assumed:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
February 27,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,049</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Goodwill* </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">92,084</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Customer
lists</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">22,752</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Order
backlog</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,521</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Accounts
receivable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,240</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
Unbilled Revenue</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
4,324</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prepayments
and other current assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">621</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Accounts
payable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(749</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
Payments on account</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
(4,186</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Deferred
tax liability</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(2,171</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(5,483</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
assets acquired</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">116,002</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
consideration</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">108,717</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other
liabilities assumed**</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11,283</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Gross
cash outflows</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">120,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Working
capital adjustment</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(3,998</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
cash outflows</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">116,002</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div>
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%" align="center" border="0">
<tr valign="top">
<td style="WIDTH: 25pt">
<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">*</font></div>
</td>
<td>
<div align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Goodwill
represents the acquisition of an established workforce with
experience in the provision of strategic payer-validated market
access solutions while the acquisition of Complete Healthcare
Communications comprises an established workforce with significant
communication experience working with medical affairs, commercial
and brand development teams within the life science
industry.</font></div>
</td>
</tr>
</table>
</div>
<div>
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%" align="center" border="0">
<tr valign="top">
<td style="WIDTH: 25pt">
<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">**</font></div>
</td>
<td>
<div align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Payments
made at acquisition date of $11.3 million were in respect of
certain one-time liabilities at the acquisition date which have
subsequently been discharged.</font></div>
</td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
proforma effect of the MediMedia Pharma Solutions acquisition if
completed on January 1, 2015 would have resulted in net revenue,
net income and earnings per share for the fiscal years ended
December 31, 2015 and December 31, 2014 as follows:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,581,816</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,556,936</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
income</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">239,361</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">179,289</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Basic
earnings per share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4.07</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.92</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Diluted
earnings per share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3.97</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.84</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">
(c) Acquisitions of Aptiv Solutions</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">On
May 7, 2014 the Company acquired 100% of the common stock of Aptiv
Solutions (“Aptiv”), a global biopharmaceutical and
medical device development services company and leader in adaptive
clinical trials for cash consideration of $143.5 million, including
certain payments to be made on behalf of the company on completion
totaling $22.4 million. The acquisition agreement provided for
working capital targets to be achieved.  On March 25,
2015, the Company received $1.9 million in respect of these targets
on completion of the working capital review.  Aptiv
offers full-service clinical trial consulting and regulatory
support for drugs, medical devices and diagnostics with a specific
focus on strategies to increase product development efficiency and
productivity. It is a market leader in the integrated design and
execution of adaptive clinical trials for exploratory and late
phase development as well as being an industry leader in medical
device and diagnostic development in key medical technology
segments.</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
acquisition of Aptiv has been accounted for as a business
combination in accordance with FASB ASC 805 <font style="FONT-STYLE: italic; DISPLAY: inline">Business Combinations</font>.
The following table summarizes the fair values of the assets
acquired and the liabilities assumed:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 40pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
May 7,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6,924</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Goodwill*</font></font></font></div>
</div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">125,627</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Customer
relationships</font></font></font></div>
</div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">21,400</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Order
backlog</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,900</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
and cash equivalents</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,484</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Accounts
receivable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25,091</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Unbilled
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">21,154</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prepayments
and other current assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,180</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Non-current
assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,911</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Accounts
payable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(9,565</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(29,782</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Payments
on account</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(31,094</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Non-current
other liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(11,303</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Loan
notes payable**</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(17,790</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
assets acquired</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">119,137</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div> </div>
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="top" width="47%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="top" width="39%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
consideration</font></div>
</td>
<td valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$143,500</font></div>
</td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Working
capital adjustment</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="2%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,964)</font></div>
</td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="top" width="47%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">141,536</font></div>
</td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Adjustments
to cash consideration**</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="2%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> (22,399)</font></div>
</td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
purchase consideration</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$119,137</font></div>
</td>
</tr>
<tr bgcolor="white">
<td valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></div>
</td>
<td valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="top" width="39%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">*Goodwill
represents the acquisition of an established workforce with
experience in clinical trial consulting and regulatory support for
the development of drugs, medical devices and diagnostics, with a
specific focus on strategy to increase efficiency and productivity
in product development.  Goodwill related to the US
portion of the business acquired is tax deductible.</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">**Adjustments
to cash consideration represent certain one-time liabilities
(including loan notes) identified at the acquisition date which
have subsequently been paid.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
proforma effect of the Aptiv Solutions acquisition if completed on
January 1, 2013 would have resulted in net revenue, net income and
earnings per share for the fiscal years ended December 31, 2013 and
December 31, 2014 as follows:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,543,820</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,451,682</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
income</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">172,508</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">101,857</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Basic
earnings per share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.81</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1.67</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Diluted
earnings per share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.73</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1.64</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">
(d) Acquisition of Clinical Trial Services Division of Cross
Country Healthcare, Inc.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">On
February 15, 2013 the Company acquired the clinical trial services
division of Cross Country Healthcare Inc. for an initial cash
consideration of $51.9 million. Cross Country Healthcare’s
Clinical Trial Services division includes US resourcing providers,
ClinForce and Assent Consulting, whose services include contract
staffing, permanent placement and functional service provision. The
division also includes AKOS, a leading US and EU provider of
pharmacovigilance and drug safety services. ClinForce and Assent
have been combined with ICON’s functional service provision
(“FSP”) division, DOCS, creating a leader in global
resourcing and FSP, while AKOS has enhanced the services offered by
ICON’s medical and safety services team.</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
acquisition agreement also provided for certain working capital
targets to be achieved by the clinical trial services division of
Cross Country Healthcare, Inc on completion.  In October
2013 the Company received $0.2 million on completion of this
review.</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
acquisition of the clinical trial services division of Cross
Country Healthcare, Inc has been accounted for as a business
combination in accordance with FASB ASC 805 <font style="FONT-STYLE: italic; DISPLAY: inline">Business Combinations</font>.
The following table summarizes the estimated fair values of the
assets acquired and the liabilities assumed:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
February 15,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">339</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Goodwill*</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">36,922</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Intangible
asset – customer relationships </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,300</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
Intangible asset – order backlog</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
600</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
and cash equivalents</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,039</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Accounts
receivable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,200</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Unbilled
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,128</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
Prepayments and other current assets</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
465</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Non-current
assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(2,285</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Non-current
other liabilities</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(16</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
assets acquired</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">51,698</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
consideration</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">51,897</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Working
capital adjustment</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(199</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
purchase consideration</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">51,698</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">*
Goodwill represents the acquisition of an established workforce
with experience in the clinical research industry, thereby allowing
the Company to enhance its capabilities in global resourcing and
FSP and also medical and safety services. Goodwill related to the
US portion of the business acquired is tax deductible.</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"> </font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
proforma effect of the clinical trial services division of Cross
Country Healthcare, Inc acquisition if completed on January 1, 2012
would have resulted in net revenue, net income and earnings per
share for the fiscal years ended December 31, 2012 and December 31,
2013 as follows:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2012</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,343,996</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,182,734</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
income</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">103,133</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">58,944</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Basic
earnings per share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1.69</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.98</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Diluted
earnings per share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1.66</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.98</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</div>
P10Y
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(y)           Financing
costs and gain on interest rate hedge</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
interest rate in respect of the Senior Notes is fixed at 3.64% for
the five year term of the agreement.  The associated
interest cost is recognized in interest expense in the period since
drawdown in December 2015.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On October
5 2015, the Company entered into an interest rate hedge in respect
of the planned issuance of the Senior Notes in December 2015. The
interest rate hedge matured on November 17, 2015 when the interest
rate on the Senior Notes was fixed. The interest rate hedge was
effective in accordance with Financial Accounting Standards Board
(“FASB”) ASC 815, “Derivatives and
Hedging”.  The cash proceeds ($4.6 million),
representing the realized gain on the interest rate hedge were
received on maturity in November 2015 and are recorded within Other
Comprehensive Income.  The realized gain will be
amortized to the income statement, net against interest payable,
over the period of the Senior Notes.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Deferred
financing costs (including issue costs relating to the Senior
Notes) are reported at cost less accumulated amortization and the
related amortization expense is included in interest expense, in
our consolidated statement of income.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(a)           Basis
of consolidation</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
consolidated financial statements include the financial statements
of the Company and all of its subsidiaries. All significant
intercompany profits, transactions and account balances have been
eliminated. The results of subsidiary undertakings acquired in the
period are included in the consolidated statement of operations
from the date of acquisition.</font></div>
</div>
--12-31
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Details
of the movement in this restructuring plan are as
follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Workforce</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Office</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Reductions</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Consolidations</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Total</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q1
Plan - Initial provision recognized</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,903</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">509</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,412</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q2
Plan - Initial provision recognized</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,228</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">393</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,621</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total
provision recognized</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,131</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">902</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,033</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
payments</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(6,544</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(199</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(6,743</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
released</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(93</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(93</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(3</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(3</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2013</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,491</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">703</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,194</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
payments</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,319</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(337</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,656</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
released</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">171</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">366</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">537</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
payments</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(82</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(82</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
released</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(339</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(339</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">89</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">27</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">116</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (t)           Pension
costs</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company contributes to defined contribution plans covering all
eligible employees. The Company contributes to these plans based
upon various fixed percentages of employee compensation and such
contributions are expensed as incurred.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company operates, through a subsidiary, a defined benefit plan for
certain of its United Kingdom employees. The Company accounts for
the costs of this plan using actuarial models required by FASB ASC
715-30 and the plan is presented in accordance with the
requirements of FASB ASC 715-60 <font style="FONT-STYLE: italic; DISPLAY: inline">Defined Benefit Plans –
Other Post retirement</font>.</font></div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
18. Supplemental Disclosure of Cash Flow Information</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-cash
interest on acquisition consideration payable*</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">240</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
paid for interest</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,175</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">533</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">548</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
paid for income taxes</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,829</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">17,829</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,103</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">*
recorded within interest expense</font></div>
<p> </p>
</div>
P2Y18D
FY
<div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Opening
goodwill</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">463,324</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">357,523</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Current
year acquisitions  (note 4 (a) and (b))</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">133,123</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">121,209</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prior
period acquisition (note 4(c))</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,418</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(12,431</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(15,408</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Closing
goodwill</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">588,434</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">463,324</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(u)           Net
income per ordinary share</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Basic
net income per ordinary share has been computed by dividing net
income available to ordinary shareholders by the weighted average
number of ordinary shares outstanding during the period. Diluted
net income per ordinary share is computed by adjusting the weighted
average number of ordinary shares outstanding during the period for
all potentially dilutive ordinary shares outstanding during the
period and adjusting net income for any changes in income or loss
that would result from the conversion of such potential ordinary
shares.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">There
is no difference in net income used for basic and diluted net
income per ordinary share. The reconciliation of the number of
shares used in the computation of basic and diluted net income per
ordinary share is as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Weighted
average number of ordinary shares outstanding for basic net income
per ordinary share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">58,746,935</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">61,496,115</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">60,907,274</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Effect
of dilutive share options outstanding</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,543,098</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,635,302</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,345,977</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Weighted
average number of ordinary shares outstanding for diluted net
income per ordinary share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">60,290,033</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">63,131,417</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">62,253,251</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
tax effects of temporary differences that give rise to significant
portions of deferred tax assets and deferred tax liabilities are
presented below:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Deferred
tax liabilities:</font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,665</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,270</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6,501</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Goodwill</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">21,571</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18,645</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14,013</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other
intangible assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,369</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,657</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">970</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,293</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,947</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,111</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total
deferred tax liabilities recognized</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">32,898</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">28,519</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">22,595</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Deferred
tax assets:</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Operating
loss and tax credits carryforwards</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">22,186</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30,586</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29,696</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,818</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,002</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,739</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Accrued
expenses and payments on account</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29,473</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">37,620</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30,136</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Stock
compensation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">12,959</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,717</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6,291</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Deferred
compensation expense</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,174</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,853</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,187</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">566</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,244</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">92</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total
deferred tax assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">72,176</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">84,022</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">70,141</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Valuation
allowance for deferred tax assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(17,184</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(23,145</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(24,348</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Deferred
tax assets recognized</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">54,992</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">60,877</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">45,793</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Overall
net deferred tax asset</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">22,094</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">32,358</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">23,198</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</div>
58746935
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(x)           Derivative
financial instruments</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">We
enter into transactions in the normal course of business using
various financial instruments in order to hedge against exposures
to fluctuating exchange and interest rates. We use derivative
financial instruments to reduce exposure to fluctuations in
interest rates. A derivative is a financial instrument or other
contract whose value changes in response to some underlying
variable, which has an initial net investment smaller than would be
required for other instruments that have a similar response to the
variable and that will be settled at a future date. We do not enter
into derivative financial instruments for trading or speculative
purposes. We did not hold any interest rate swap contracts or
forward currency contracts at December 31, 2015, December 31,
2014 or December 31, 2013.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Our
accounting policies for derivative financial instruments are based
on whether they meet the criteria for designation as cash flow or
fair value hedges. A designated hedge of the exposure to
variability in the future cash flows of an asset or a liability, or
of a forecasted transaction, is referred to as a cash flow hedge. A
designated hedge of the exposure to changes in fair value of an
asset or a liability is referred to as a fair value hedge. The
criteria for designating a derivative as a hedge include the
assessment of the instrument’s effectiveness in risk
reduction, matching of the derivative instrument to its underlying
transaction, and the probability that the underlying transaction
will occur. For derivatives with cash flow hedge accounting
designation, we report the gain or loss from the effective portion
of the hedge as a component of Other Comprehensive Income and
reclassify it into earnings in the same period or periods in which
the hedged transaction affects earnings, and within the same income
statement line item as the impact of the hedged transaction. For
derivatives with fair value hedge accounting designation, we
recognize gains or losses from the change in fair value of these
derivatives, as well as the offsetting change in the fair value of
the underlying hedged item, in earnings. Fair value gains and
losses arising on derivative financial instruments not qualifying
for hedge accounting are reported in our Consolidated Statement of
Operations.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(l)           Cash
and cash equivalents</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Cash
and cash equivalents include cash and highly liquid investments
with initial maturities of three months or less and are stated at
cost, which approximates market value.</font></div>
</div>
68.39
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(q)           Income
taxes</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company applies the asset and liability method of accounting for
income taxes. Under the asset and liability method, deferred tax
assets and liabilities are recognized for the future tax
consequences attributable to differences between the financial
statement carrying amounts of existing assets and liabilities and
their respective tax bases, and operating loss and tax credit
carryforwards. Deferred tax assets and liabilities are measured
using enacted tax rates expected to apply to taxable income in the
years in which these temporary differences are expected to be
recovered or settled. The effect on deferred tax assets and
liabilities of a change in tax rates is recognized in income in the
period that includes the enactment date.  The Company
recognizes the effect of income tax positions only if those
positions are more likely than not of being sustained. Recognized
income tax positions are measured at the largest amount of tax
benefit that is greater than 50 percent likely of being realized
upon settlement.  Interest and penalties related to
income taxes are included in income tax expense and classified with
the related liability on the consolidated balance
sheet.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
November 21, 2015 FASB issued ASU 2015-17 on the balance sheet
classification of deferred taxes.  The new standard requires
that all deferred taxes are presented as noncurrent in a classified
statement of financial position.  The new guidance is
effective for public business entities for annual periods beginning
after December 15, 2016 and for nonpublic business entities for
annual periods beginning after December 15, 2017.  Early
adoption is available for all entities for any set of financial
statements that had not been released as at November 21, 2015 with
an option to apply on either a prospective or a retrospective
basis. The Company has elected for early adoption of ASU 2015
– 17 on a prospective basis for all financial statements
issued after November 21, 2015. The effect of this is that all
deferred tax assets and liabilities are classified as noncurrent
assets and liabilities in the December 31, 2015 balance sheet. As
ASU 2015-17 is being adopted on a prospective basis there is no
impact on prior period financial statements.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Personnel
related liabilities (note 9)*</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,187</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,059</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Defined
benefit pension obligations, net (note 9)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,002</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,466</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
non-current liabilities</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,035</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,654</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%">
<div style="TEXT-ALIGN: right; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,224</font></font></font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13,179</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">*An
amount of $764,000 was included within other liabilities in respect
of the Company’s Swiss pension plan at December 31,
2014.  The total pension liability recorded at December
31, 2014 was $1,823,000.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
7. Other Liabilities</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Personnel
related liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">159,339</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">167,362</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Facility
related liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22,517</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19,862</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">General
overhead liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29,257</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">33,422</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,607</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26,631</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Short
term government grants (note 11)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">43</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">110</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="PADDING-BOTTOM: 2px" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Restructuring
and other items (note 14)</font></div>
</td>
<td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,116</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,704</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">231,879</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">251,091</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(g)           Foreign
currencies and translation of subsidiaries</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company's financial statements are prepared in United States
dollars. Transactions in currencies other than United States
dollars are recorded at the rate ruling at the date of the
transactions. Monetary assets and liabilities denominated in
currencies other than United States dollars are translated into
United States dollars at exchange rates prevailing at the balance
sheet date. Adjustments resulting from these translations are
charged or credited to income.  Amounts credited or
charged to the statement of operations for the years ended December
31, 2015, December 31, 2014 and December 31, 2013 were as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Amounts
(credited)</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,608</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,942</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,233</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
financial statements of subsidiaries with other functional
currencies are translated at period end rates for the balance sheet
and average rates for the statement of operations. Translation
gains and losses arising are reported as a movement on accumulated
other comprehensive income.</font></div>
</div>
P3Y4M21D
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">A
reconciliation of the beginning and ending amount of total
unrecognized tax benefits is as follows:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="34%" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Unrecognized
tax benefits at start of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">23,201</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,780</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,189</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Increase
related to acquired tax positions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">778</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14,552</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Increase
related to prior year tax positions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,482</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">565</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Decrease
related to prior year tax positions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(183</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(494</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Increase
related to current year tax positions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,063</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,709</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,269</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Settlements</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(315</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(2</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(899</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Lapse
of statute of limitations</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(43</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,220</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(2,285</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Unrecognized
tax benefits at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">28,166</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">23,201</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,780</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
components of provision for income taxes are as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="DISPLAY: inline">Provision for income
taxes:</font></font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Current
tax expense:</font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21,769</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19,562</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,158</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">United
States</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">684</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,891</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,492</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13,701</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10,695</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,876</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total
current tax expense</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36,154</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">38,148</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28,526</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Deferred
tax expense/(benefit):</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,178</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,914</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">United
States</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,896</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,031</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(9,420</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">235</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,691</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,967</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total
deferred tax expense/(benefit)</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,157</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(7,900</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(10,473</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Provision
for income taxes</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">39,311</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,248</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,053</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Impact
on shareholders equity and other comprehensive income of the tax
consequence of :</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Excess
tax benefit on stock compensation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,905</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,404</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,651</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Currency
impact on long term funding</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,574</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">178</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">87</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40,980</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28,022</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16,489</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Onerous</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Asset</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Lease</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Impairment</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Total</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="34%" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total
provision recognized</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,167</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,629</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,796</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Asset
write-off</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="top" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="top" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(5,629</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="top" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="top" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(5,629</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="top" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,167</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,167</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Utilized</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,167</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,167</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,000</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,000</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(c)           Revenue
recognition</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company primarily earns revenues by providing a number of different
services to its customers. These services, which are integral
elements of the clinical development process, include clinical
trials management, biometric activities, consulting, imaging,
contract staffing, informatics and laboratory services. Contracts
range in duration from a number of months to several
years.  Revenue for services, as rendered, is recognized
only after persuasive evidence of an arrangement exists, the sales
price is fixed or determinable and collectability is reasonably
assured.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Clinical
trials management revenue is recognized on a proportional
performance method. Depending on the contractual terms revenue is
either recognized on the percentage of completion method based on
the relationship between hours incurred and the total estimated
hours of the trial or on the unit of delivery method. Contract
costs equate to the product of labor hours incurred and
compensation rates.  For the percentage of completion
method, the input (effort expended) method has been used to measure
progress towards completion as there is a direct relationship
between input and productivity. Contract revenue is the product of
the aggregated labor hours required to complete the specified
contract tasks at the agreed contract rates. The Company regularly
reviews the estimate of total contract time to ensure such
estimates remain appropriate taking into account actual contract
stage of completion, remaining time to complete and any identified
changes to the contract scope. Remaining time to complete depends
on the specific contract tasks and the complexity of the contract
and can include geographical site selection and initiation, patient
enrolment, patient testing and level of results analysis required.
While the Company may routinely adjust time estimates, the
Company’s estimates and assumptions historically have been
accurate in all material respects in the
aggregate.  Where revenue is recognized on the unit of
delivery method, the basis applied is the number of units completed
as a percentage of the total number of contractual
units.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Biometrics
revenue is recognized on a fee-for-service method as each unit of
data is prepared on the basis of the number of units completed in a
period as a percentage of the total number of contracted
units.  Imaging revenue is recognized on a
fee-for-service basis recognizing revenue for each image completed.
Consulting revenue is recognized on a fee-for-service basis as each
hour of the related service is performed. <font style="FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Contract staffing
revenue is recognized on a fee-for-service basis, over the time the
related service is performed, or in the case of permanent
placement, once the candidate has been placed with the
client.  Informatics revenue is recognized on a
fee-for-service basis.  </font>Informatics contracts are
treated as multiple element arrangements, with contractual elements
comprising licence fee revenue, support fee revenue and revenue
from software services, each of which can be sold separately. Sales
prices for contractual elements are determined by reference to
objective and reliable evidence of their sales price. Licence and
support fee revenues are recognized rateably over the period of the
related agreement.  Revenue from software services is
recognized using the percentage of completion method based on the
relationship between hours incurred and the total estimated hours
required to perform the service.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Laboratory
service revenue is recognized on a fee-for-service basis. The
Company accounts for laboratory service contracts as multiple
element arrangements, with contractual elements comprising
laboratory kits and laboratory testing, each of which can be sold
separately. Sales prices for contractual elements are determined by
reference to objective and reliable evidence of their sales price.
Revenues for contractual elements are recognized on the basis of
the number of deliverable units completed in the
period.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Contracts
generally contain provisions for renegotiation in the event of
changes in the scope, nature, duration, or volume of services of
the contract. Renegotiated amounts are recognized as revenue by
revision to the total contract value arising as a result of an
authorised customer change order.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
difference between the amount of revenue recognized and the amount
billed on a particular contract is included in the balance sheet as
unbilled revenue or payments on account. Normally, amounts become
billable upon the achievement of certain milestones, for example,
target patient enrolment rates, clinical testing sites initiated or
case report forms completed. Once the milestone target is reached,
amounts become billable in accordance with pre-agreed payment
schedules included in the contract or on submission of appropriate
billing detail. Such cash payments are not representative of
revenue earned on the contract as revenues are recognized over the
period in which the specified contractual obligations are
fulfilled. Amounts included in unbilled revenue are expected to be
collected within one year and are included within current assets.
Advance billings to customers, for which revenue has not been
recognized, are recognized as payments on account within current
liabilities.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
the event of contract termination, if the value of work performed
and recognized as revenue is greater than aggregate milestone
billings at the date of termination, cancellation clauses usually
ensure that the Company is paid for all work performed to the
termination date.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left"><br class="Apple-interchange-newline" />
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Cost</font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Land</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,464</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,464</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Building</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">80,861</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">88,580</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Computer
equipment and software</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">282,909</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">247,980</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Office
furniture and fixtures</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">65,152</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">64,690</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Laboratory
equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">31,098</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,599</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Leasehold
improvements</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20,647</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19,516</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Motor
vehicles</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">484,178</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">447,876</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Less
accumulated depreciation and asset write offs</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(333,960</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(299,691</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Property,
plant and equipment (net)</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">150,218</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">148,185</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
279531000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following table summarizes the transactions for the Company’s
share option plans for the years ended December 31, 2015, December
31, 2014 and December 31, 2013:</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Options Granted</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Under Plans</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Exercise Price</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 15pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Grant Date Fair</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 15pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Value</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2012</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,350,631</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,350,631</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23.01</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.17</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">264,950</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">264,950</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">33.09</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12.05</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Exercised</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,249,759</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,249,759</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21.60</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8.58</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cancelled</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(392,034</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(392,034</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25.27</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.02</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2013</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,973,788</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,973,788</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.20</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.57</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">366,985</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">366,985</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">45.82</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14.09</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Exercised</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(926,407</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(926,407</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.02</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.45</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cancelled</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(186,666</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(186,666</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.17</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.01</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,227,700</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,227,700</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28.00</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.40</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">259,059</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">259,059</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.25</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19.75</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Exercised</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(773,753</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(773,753</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">27.13</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.31</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cancelled</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(86,424</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(86,424</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">27.32</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10.31</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,626,582</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,626,582</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">34.87</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11.94</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="52%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Vested
and exercisable at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">657,729</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">657,729</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.15</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9.36</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
Yes
false
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(e)           Direct
costs</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Direct
costs consist of compensation, associated employee benefits and
share-based payments for project-related employees and other direct
project-related costs.</font></div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(s)           Research
and development credits</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Research
and development credits are available to the Company under the tax
laws in certain jurisdictions, based on qualifying research and
development spend as defined under those tax laws. Research and
development credits are generally recognized as a reduction of
income tax expense. However, certain tax jurisdictions provide
refundable credits that are not wholly dependent on the
Company’s ongoing income tax status or income tax position.
In these circumstances the benefit of these credits is not recorded
as a reduction to income tax expense, but rather as a reduction of
operating expenditure.</font></div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(f)           Advertising
costs</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">All
costs associated with advertising and promotion are expensed as
incurred. The advertising and promotion expense was $4,513,750,
$3,563,900 and $5,195,120 for the years ended December 31, 2015,
December 31, 2014 and December 31, 2013 respectively.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left"><br class="Apple-interchange-newline" />
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 1.7pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Cost</font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Customer
relationships acquired</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">90,541</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36,130</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Technology
asset acquired</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,169</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,169</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Order
backlog</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13,592</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,171</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Tradenames
acquired</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,357</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,357</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Volunteer
list acquired</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,325</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,325</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-compete
arrangements </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 489</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 489</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Aptiv
intangible asset</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
 <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
 <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,037</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,092</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,769</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">113,381</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">80,909</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accumulated
amortization</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(49,587</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(32,120</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,333</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">930</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
book value</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66,127</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">49,719</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
P4Y9M4D
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">
14. Restructuring and other items</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Restructuring
and other items recognized during the year ended December 31, 2015
comprise:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Restructuring
charges</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,796</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,033</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
charge</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,796</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,033</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">
Prior Period Restructuring Charges</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">A
restructuring charge of $8.8 million was recognized during the year
ended December 31, 2014. Following the closure of the
Company’s European Phase 1 services in 2013, the Company
recognized a charge in 2014 in relation to its Manchester, United
Kingdom facility; $5.6 million in relation to asset impairments and
$3.2 million in relation to an onerous lease charge associated with
this facility. We expect this to be paid by 2024.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Onerous</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Asset</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Lease</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Impairment</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Total</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="34%" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total
provision recognized</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,167</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,629</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,796</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Asset
write-off</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="top" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="top" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(5,629</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="top" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="top" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(5,629</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="top" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,167</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,167</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Utilized</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,167</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,167</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,000</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,000</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
onerous lease obligation at December 31, 2015 is $2.0 million and
is included within other liabilities.</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">
Prior Period Restructuring Charges</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Restructuring
and other items of $9.0 million were recorded during the year ended
December 31, 2013. During 2013 the Company conducted a review of
its operations. This review resulted in the adoption of an initial
restructuring plan, which included the closure of its Phase I
facility in Omaha, Nebraska. This followed the expansion of the
Company’s Phase I facility in San Antonio, Texas and the
consolidation of the Company’s US Phase I capabilities in
this location. The restructuring plan also included resource
rationalizations in certain areas of the business to improve
resource utilization. A further restructuring plan was also adopted
during 2013 which resulted in resource rationalizations in order to
improve operating efficiencies and reduce expenses. Details of the
movement in this restructuring plan are as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Workforce</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Office</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Reductions</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Consolidations</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Total</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q1
Plan - Initial provision recognized</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,903</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">509</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,412</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q2
Plan - Initial provision recognized</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,228</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">393</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,621</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total
provision recognized</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,131</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">902</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,033</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
payments</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(6,544</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(199</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(6,743</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
released</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(93</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(93</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(3</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(3</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2013</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,491</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">703</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,194</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
payments</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,319</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(337</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1,656</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
released</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Foreign
exchange movement</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(1</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">171</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">366</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">537</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cash
payments</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(82</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(82</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
released</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(339</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(339</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Provision
at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">89</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">27</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">116</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></div>
</div>
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">f)    The
distribution of total assets by geographical area was as
follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">664,754</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">495,747</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">343,733</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">324,086</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">641,769</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">648,559</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">68,647</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">60,458</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,718,903</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,528,850</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</div>
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">d)
The distribution of property, plant and equipment, net, by
geographical area was as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">101,736</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">95,574</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,334</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10,419</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">34,520</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">33,978</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6,628</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,214</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">150,218</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">148,185</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
</div>
ICON PLC
2015-10-05
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
13. Income Taxes</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company’s United States and Irish based subsidiaries file tax
returns in the United States and Ireland respectively. Other
foreign subsidiaries are taxed separately under the laws of their
respective countries.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
components of income before provision for income taxes are as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">184,643</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">143,889</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">80,914</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">United
States</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15,436</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,966</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16,218</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">78,771</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51,861</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,733</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Income
before provision for income taxes</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">278,850</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">202,716</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">120,865</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> </font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
components of provision for income taxes are as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="DISPLAY: inline">Provision for income
taxes:</font></font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Current
tax expense:</font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21,769</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19,562</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,158</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">United
States</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">684</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,891</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,492</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13,701</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10,695</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,876</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total
current tax expense</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36,154</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">38,148</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28,526</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Deferred
tax expense/(benefit):</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,178</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,914</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">United
States</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,896</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,031</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(9,420</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">235</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,691</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,967</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total
deferred tax expense/(benefit)</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,157</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(7,900</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(10,473</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Provision
for income taxes</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">39,311</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,248</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,053</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Impact
on shareholders equity and other comprehensive income of the tax
consequence of :</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Excess
tax benefit on stock compensation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,905</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,404</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,651</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Currency
impact on long term funding</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,574</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">178</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">87</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40,980</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28,022</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16,489</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Ireland’s
statutory income tax rate is 12.5%.  The Company’s
consolidated reported provision for income taxes differed from the
amount that would result from applying the Irish statutory rate as
set forth below:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Taxes
at Irish statutory rate of 12.5% (2014:12.5%;
2013:12.5%)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">34,856</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,340</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15,108</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
and other income taxed at higher rates</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,614</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,152</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,873</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Research
& development tax incentives</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(695</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,810</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,598</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Movement
in valuation allowance</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(4,133</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,965</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,389</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Effects
of change in tax rates</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">543</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,553</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Increase/(decrease)
in unrecognized tax benefits</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,085</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,869</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,409</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Effects
of permanent items</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(463</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,048</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,790</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">63</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">71</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(73</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Provision
for income taxes</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">39,311</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,248</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,053</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
tax effects of temporary differences that give rise to significant
portions of deferred tax assets and deferred tax liabilities are
presented below:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Deferred
tax liabilities:</font></div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,665</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,270</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,501</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Goodwill</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21,571</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,645</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,013</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
intangible assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,369</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,657</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">970</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,293</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,947</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,111</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total
deferred tax liabilities recognized</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32,898</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28,519</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22,595</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Deferred
tax assets:</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Operating
loss and tax credits carryforwards</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22,186</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,586</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29,696</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,818</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,002</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,739</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accrued
expenses and payments on account</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29,473</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">37,620</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,136</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Stock
compensation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,959</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,717</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,291</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Deferred
compensation expense</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,174</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,853</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,187</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">566</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,244</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">92</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total
deferred tax assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">72,176</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">84,022</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">70,141</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Valuation
allowance for deferred tax assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(17,184</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(23,145</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(24,348</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Deferred
tax assets recognized</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">54,992</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">60,877</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">45,793</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Overall
net deferred tax asset</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22,094</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32,358</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,198</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company early adopted the provisions of ASU 2015-17 which requires
entities with a classified balance sheet to present all deferred
tax assets and liabilities as noncurrent on the basis that it is a
more useful presentation of the Company’s
position.  The prior period amounts were not
retrospectively adjusted.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">At
December 31, 2015 non-U.S subsidiaries had operating loss
carryforwards for income tax purposes that may be carried forward
indefinitely, available to offset against future taxable income, if
any, of approximately $68.6 million (2014: $95.6 million). In
addition at December 31, 2015 non-U.S subsidiaries had tax credit
carryforwards for income tax purposes that may be carried forward
indefinitely, available to offset against future tax liabilities,
if any, of $5.9 million (2014: $3.6 million). At December 31, 2015
non-U.S. subsidiaries also had additional operating loss carry
forwards of $6.3 million which are due to expire between 2016 and
2022.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">At
December 31, 2015 U.S. subsidiaries had U.S. federal and state net
operating loss (“NOL”) carry forwards of approximately
$51.6million and $ 89.8million, respectively. These NOLs are
available for offset against future taxable income and expire
between 2016 and 2035.  Of the $51.6 million U.S. federal
NOLs, approximately $ 26.7 million is currently available for
offset against future U.S. federal taxable income. Of the $51.6
million U.S. federal NOLs, approximately $ 16.3million would be
recorded in additional paid in capital upon utilization. Of the
$89.8 million of state NOLs, approximately $ 17.3million would be
recorded in additional paid in capital upon utilization. The
subsidiary’s ability to use the U.S. federal and state NOL
carry forwards is limited on an annual basis due to changes of
ownership in 2000, 2010 and 2014, as defined by Section 382 of the
Internal Revenue Code of 1986, as amended.  Of the U.S.
federal NOLs, $29.2 million are limited by Section
382.  Of the $29.2 million of losses, the amount
available during 2015 totaled $4.2 million. The remaining losses
are available as follows: $4.2 million for the years 2016 –
2018, $2.9 million in 2019, $2.0M for the years 2020 – 2023
and $1.2 million in 2024.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-STYLE: italic; DISPLAY: inline">
The expected expiry dates of these losses are as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Federal</font></font></div>
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">NOL’s</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
State</font></font></div>
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">NOL’s</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="75%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2016-2017 </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">565</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="75%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2023-2033 </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">34,800</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">63,793</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2035 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16,252</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,987</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="75%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="75%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51,617</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">89,780</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
addition US subsidiaries have alternative minimum tax credit carry
forwards of approximately $0.3 million that are available to reduce
future U.S. federal regular income taxes, over an indefinite
period.  They also have general business credit carry
forwards of approximately $0.3 million that are available to offset
future U.S. federal income taxes.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
valuation allowance at December 31, 2015 was approximately $17.2
million.  The valuation allowance for deferred tax assets
as of December 31, 2014 and December 31, 2013 was $23.1 million and
$24.3 million respectively. The net change in the total valuation
allowance was a decrease of $5.9 million during 2015 and a decrease
of $1.2 million during 2014. Of the total decrease of $5.9 million
in 2015, $4.1 million resulted in a current year income tax benefit
with the remaining decrease of $1.8 million recognized in Other
Comprehensive Income. Of the total decrease of $1.2 million in
2014, $2.0 million resulted in a current year income tax benefit
offset by an increase of $0.8 million recognized in Other
Comprehensive Income.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
valuation allowances at December 31, 2015 and December 31, 2014
were primarily related to operating losses and tax credits carried
forward that, in the judgment of management, are not more likely
than not to be realized. In assessing the realizability of deferred
tax assets, management considers whether it is more likely than not
that some portion or all of the deferred tax assets will not be
realized. The ultimate realization of deferred tax assets is
dependent upon the generation of future taxable income during the
periods in which those temporary differences become deductible.
Management considers the scheduled reversal of deferred tax
liabilities and projected future taxable income in making this
assessment. In respect of deferred tax assets not subject to a
valuation allowance, Management considers that it is more likely
than not that these deferred tax assets will be realized on the
basis that there will be sufficient reversals of deferred tax
liabilities and taxable income in future periods.  In
2014, in the UK, a change in commercial circumstances led to a
change in judgment concerning the need for a valuation allowance on
certain limited loss carryforwards; the release of the
beginning-of-year valuation allowance resulted in a tax benefit of
$3.1 million. During 2015, a UK subsidiary utilized losses for
which a full beginning-of-year valuation allowance had been
retained resulting in a tax benefit of $3.2 million.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company has not recognized a deferred tax liability for the
undistributed earnings of foreign subsidiaries that arose in 2015
and prior years as the Company considers these earnings to be
indefinitely reinvested. It is not practicable to calculate the
exact unrecognized deferred tax liability, however it is not
expected to be material as Ireland allows a tax credit in respect
of distributions from foreign subsidiaries at the statutory tax
rate in the jurisdiction of the subsidiary so that no material tax
liability would be expected to arise in the event these earnings
were ever remitted. In addition, withholding taxes applicable to
remittances from foreign subsidiaries would not be expected to be
material given Ireland’s tax treaty network and the EU parent
subsidiary directive.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">A
reconciliation of the beginning and ending amount of total
unrecognized tax benefits is as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="34%" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Unrecognized
tax benefits at start of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,201</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,780</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,189</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Increase
related to acquired tax positions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">778</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,552</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Increase
related to prior year tax positions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,482</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">565</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Decrease
related to prior year tax positions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(183</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(494</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Increase
related to current year tax positions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,063</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,709</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,269</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Settlements</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(315</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(899</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Lapse
of statute of limitations</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(43</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,220</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,285</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Unrecognized
tax benefits at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">28,166</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,201</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,780</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
relevant statute of limitations for unrecognized tax benefits
totaling $3.8 million could potentially expire during 2016. $0.8
million of the increase during the year ended 31 December 2015
(2014: $14.5 million) reflects pre-acquisition tax positions taken
by companies acquired during 2014.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Included
in the balance of total unrecognized tax benefits at December 31,
2015 were potential benefits of $28.2 million, which if recognized,
would affect the effective rate on income tax from continuing
operations. The balance of total unrecognized tax benefits at
December 31, 2014 and December 31, 2013 included potential benefits
which, if recognized, would affect the effective rate of income tax
from continuing operations of $23.2 million and $5.8 million
respectively.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Interest
and penalties recognized as a net expense during the year ended
December 31, 2015 amounted to $0.9 million (2014: net benefit of
$0.2 million, 2013: net benefit of $0.2 million) and are included
within the provision for income taxes.  Total accrued
interest and penalties as of December 31, 2015 and December 31,
2014 were $3.3 million and $2.4 million respectively and are
included in closing income taxes payable at those
dates.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Our
major tax jurisdictions are the United States and
Ireland.  We may potentially be subjected to tax audits
in both our major jurisdictions.  In the United States
tax periods open to audit include the years ended December 31,
2012, December 31, 2013, December 31, 2014 and December 31,
2015.  In Ireland, tax periods open to audit include the
years ended December 31, 2011, December 31, 2012, December 31,
2013, December 31, 2014 and December 31, 2015.  During
such audits, local tax authorities may challenge the positions
taken by us in tax returns.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2. Significant Accounting Policies</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
accounting policies noted below were applied in the preparation of
the accompanying financial statements of the Company and are in
conformity with accounting principles generally accepted in the
United States.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(a)           Basis
of consolidation</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
consolidated financial statements include the financial statements
of the Company and all of its subsidiaries. All significant
intercompany profits, transactions and account balances have been
eliminated. The results of subsidiary undertakings acquired in the
period are included in the consolidated statement of operations
from the date of acquisition.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(b)           Use
of estimates</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
preparation of financial statements in conformity with generally
accepted accounting principles in the United States requires
management to make estimates and judgments that affect the reported
amounts of assets and liabilities and disclosure of contingent
assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reported
period. Actual results could differ from those estimates. The
principle management estimates and judgments used in preparing the
financial statements relate to revenue recognition, taxation,
goodwill and business combinations.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (c)           Revenue
recognition</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company primarily earns revenues by providing a number of different
services to its customers. These services, which are integral
elements of the clinical development process, include clinical
trials management, biometric activities, consulting, imaging,
contract staffing, informatics and laboratory services. Contracts
range in duration from a number of months to several
years.  Revenue for services, as rendered, is recognized
only after persuasive evidence of an arrangement exists, the sales
price is fixed or determinable and collectability is reasonably
assured.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Clinical
trials management revenue is recognized on a proportional
performance method. Depending on the contractual terms revenue is
either recognized on the percentage of completion method based on
the relationship between hours incurred and the total estimated
hours of the trial or on the unit of delivery method. Contract
costs equate to the product of labor hours incurred and
compensation rates.  For the percentage of completion
method, the input (effort expended) method has been used to measure
progress towards completion as there is a direct relationship
between input and productivity. Contract revenue is the product of
the aggregated labor hours required to complete the specified
contract tasks at the agreed contract rates. The Company regularly
reviews the estimate of total contract time to ensure such
estimates remain appropriate taking into account actual contract
stage of completion, remaining time to complete and any identified
changes to the contract scope. Remaining time to complete depends
on the specific contract tasks and the complexity of the contract
and can include geographical site selection and initiation, patient
enrolment, patient testing and level of results analysis required.
While the Company may routinely adjust time estimates, the
Company’s estimates and assumptions historically have been
accurate in all material respects in the
aggregate.  Where revenue is recognized on the unit of
delivery method, the basis applied is the number of units completed
as a percentage of the total number of contractual
units.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Biometrics
revenue is recognized on a fee-for-service method as each unit of
data is prepared on the basis of the number of units completed in a
period as a percentage of the total number of contracted
units.  Imaging revenue is recognized on a
fee-for-service basis recognizing revenue for each image completed.
Consulting revenue is recognized on a fee-for-service basis as each
hour of the related service is performed. <font style="FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Contract staffing
revenue is recognized on a fee-for-service basis, over the time the
related service is performed, or in the case of permanent
placement, once the candidate has been placed with the
client.  Informatics revenue is recognized on a
fee-for-service basis.  </font>Informatics contracts are
treated as multiple element arrangements, with contractual elements
comprising licence fee revenue, support fee revenue and revenue
from software services, each of which can be sold separately. Sales
prices for contractual elements are determined by reference to
objective and reliable evidence of their sales price. Licence and
support fee revenues are recognized rateably over the period of the
related agreement.  Revenue from software services is
recognized using the percentage of completion method based on the
relationship between hours incurred and the total estimated hours
required to perform the service.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Laboratory
service revenue is recognized on a fee-for-service basis. The
Company accounts for laboratory service contracts as multiple
element arrangements, with contractual elements comprising
laboratory kits and laboratory testing, each of which can be sold
separately. Sales prices for contractual elements are determined by
reference to objective and reliable evidence of their sales price.
Revenues for contractual elements are recognized on the basis of
the number of deliverable units completed in the
period.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Contracts
generally contain provisions for renegotiation in the event of
changes in the scope, nature, duration, or volume of services of
the contract. Renegotiated amounts are recognized as revenue by
revision to the total contract value arising as a result of an
authorised customer change order.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
difference between the amount of revenue recognized and the amount
billed on a particular contract is included in the balance sheet as
unbilled revenue or payments on account. Normally, amounts become
billable upon the achievement of certain milestones, for example,
target patient enrolment rates, clinical testing sites initiated or
case report forms completed. Once the milestone target is reached,
amounts become billable in accordance with pre-agreed payment
schedules included in the contract or on submission of appropriate
billing detail. Such cash payments are not representative of
revenue earned on the contract as revenues are recognized over the
period in which the specified contractual obligations are
fulfilled. Amounts included in unbilled revenue are expected to be
collected within one year and are included within current assets.
Advance billings to customers, for which revenue has not been
recognized, are recognized as payments on account within current
liabilities.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
the event of contract termination, if the value of work performed
and recognized as revenue is greater than aggregate milestone
billings at the date of termination, cancellation clauses usually
ensure that the Company is paid for all work performed to the
termination date.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(d)           Reimbursable
expenses</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Reimbursable
expenses comprise investigator payments and certain other costs
which are reimbursed by clients under terms specific to each
contract and are deducted from gross revenue in arriving at net
revenue. Investigator payments are accrued based on patient
enrollment over the life of the contract. Investigator payments are
made based on predetermined contractual arrangements, which may
differ from the accrual of the expense.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(e)           Direct
costs</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Direct
costs consist of compensation, associated employee benefits and
share-based payments for project-related employees and other direct
project-related costs.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(f)           Advertising
costs</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">All
costs associated with advertising and promotion are expensed as
incurred. The advertising and promotion expense was $4,513,750,
$3,563,900 and $5,195,120 for the years ended December 31, 2015,
December 31, 2014 and December 31, 2013 respectively.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(g)           Foreign
currencies and translation of subsidiaries</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company's financial statements are prepared in United States
dollars. Transactions in currencies other than United States
dollars are recorded at the rate ruling at the date of the
transactions. Monetary assets and liabilities denominated in
currencies other than United States dollars are translated into
United States dollars at exchange rates prevailing at the balance
sheet date. Adjustments resulting from these translations are
charged or credited to income.  Amounts credited or
charged to the statement of operations for the years ended December
31, 2015, December 31, 2014 and December 31, 2013 were as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Amounts
(credited)</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,608</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,942</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,233</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
financial statements of subsidiaries with other functional
currencies are translated at period end rates for the balance sheet
and average rates for the statement of operations. Translation
gains and losses arising are reported as a movement on accumulated
other comprehensive income.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(h)           Disclosure
about fair value of financial instruments</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following methods and assumptions were used to estimate the fair
value of each material class of financial instrument:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Cash,
cash equivalents, unbilled revenue, other receivables, short term
investments, prepayments and other current assets, accounts
receivable, accounts payable, investigator payments, payments on
account, accrued liabilities, accrued bonuses and income taxes
payable have carrying amounts that approximate fair value due to
the short term maturities of these instruments. Other
liabilities’ carrying amounts approximate fair value based on
net present value of estimated future cash flows.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (i)           Business
combinations</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
cost of a business combination is measured as the aggregate of the
fair values at the date of exchange of assets given, liabilities
incurred or assumed and equity instruments issued in exchange for
control. Where a business combination agreement provides for an
adjustment to the cost of the acquisition which is contingent upon
future events, the amount of the estimated adjustment is recognized
at the acquisition date at the fair value of this contingent
consideration. Any changes to this estimate in subsequent periods
will depend on the classification of the contingent consideration.
If the contingent consideration is classified as equity it shall
not be re-measured and the settlement shall be accounted for within
equity. If the contingent consideration is classified as a
liability any adjustments will be accounted for through the
Consolidated Statement of Operations or Other Comprehensive Income
depending on whether the liability is considered a financial
instrument.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
assets, liabilities and contingent liabilities of businesses
acquired are measured at their fair values at the date of
acquisition. In the case of a business combination which is
completed in stages, the fair values of the identifiable assets,
liabilities and contingent liabilities are determined at the date
of each exchange transaction. When the initial accounting for a
business combination is determined provisionally, any subsequent
adjustments to the provisional values allocated to the identifiable
assets, liabilities and contingent liabilities are made within
twelve months of the acquisition date and presented as adjustments
to the original acquisition accounting.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (j)           Goodwill
and Impairment</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Goodwill
represents the excess of the cost of acquired entities over the net
amounts assigned to assets acquired and liabilities assumed.
Goodwill primarily comprises acquired workforce in place which does
not qualify for recognition as an asset apart from
goodwill.  Goodwill is stated net of any provision for
impairment. The Company tests goodwill annually for any impairments
or whenever events occur which may indicate impairment. The first
step is to compare the carrying amount of the reporting
unit’s assets to the fair value of the reporting unit. If the
carrying amount exceeds the fair value then a second step is
completed which involves the fair value of the reporting unit being
allocated to each asset and liability with the excess being implied
goodwill. The impairment loss is the amount by which the recorded
goodwill exceeds the implied goodwill. No impairment was recognized
as a result of the impairment testing carried out for the years
ended December 31, 2015, December 31, 2014 and December 31,
2013.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(k)           Intangible
assets</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Intangible
assets are amortized on a straight line basis over their estimated
useful life.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(l)           Cash
and cash equivalents</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Cash
and cash equivalents include cash and highly liquid investments
with initial maturities of three months or less and are stated at
cost, which approximates market value.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(m)           Short
term investments - available for sale</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company classifies short-term investments as available for sale in
accordance with the terms of FASB ASC 320, <font style="FONT-STYLE: italic; DISPLAY: inline">Investments – Debt and
Equity Securities</font>.  Realized gains and losses are
determined using specific identification.  The
investments are reported at fair value, with unrealized gains or
losses reported in a separate component of shareholders’
equity.  Any differences between the cost and fair value
of the investments are represented by accrued
interest.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(n)           Inventory</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Inventory
is valued at the lower of cost and market value and after
provisions for obsolescence. Cost of inventories comprises the
purchase price and attributable costs, less trade
discounts.  At December 31, 2015 the carrying value of
inventory, included within prepayments and other current assets on
the balance sheet, was $1.8 million (2014: $1.7
million).</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(o)           Property,
plant and equipment</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Property,
plant and equipment is stated at cost less accumulated
depreciation. Depreciation of property, plant and equipment is
computed using the straight line method based on the estimated
useful lives of the assets as listed below:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<div align="center">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="85%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="13%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="DISPLAY: inline">
Years</font></font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Building</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Computer
equipment and software</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2-8</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Office
furniture and fixtures</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Laboratory
equipment</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Motor
vehicles</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Leasehold
improvements are amortized using the straight-line method over the
estimated useful life of the asset or the lease term, whichever is
shorter.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(p)           Leased
assets</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Costs
in respect of operating leases are charged to the statement of
operations on a straight line basis over the lease
term.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Assets
acquired under capital finance leases are included in the balance
sheet at the present value of the future minimum lease payments and
are depreciated over the shorter of the lease term and their
remaining useful lives. The corresponding liabilities are recorded
in the balance sheet and the interest element of the capital lease
rental is charged to interest expense.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(q)           Income
taxes</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company applies the asset and liability method of accounting for
income taxes. Under the asset and liability method, deferred tax
assets and liabilities are recognized for the future tax
consequences attributable to differences between the financial
statement carrying amounts of existing assets and liabilities and
their respective tax bases, and operating loss and tax credit
carryforwards. Deferred tax assets and liabilities are measured
using enacted tax rates expected to apply to taxable income in the
years in which these temporary differences are expected to be
recovered or settled. The effect on deferred tax assets and
liabilities of a change in tax rates is recognized in income in the
period that includes the enactment date.  The Company
recognizes the effect of income tax positions only if those
positions are more likely than not of being sustained. Recognized
income tax positions are measured at the largest amount of tax
benefit that is greater than 50 percent likely of being realized
upon settlement.  Interest and penalties related to
income taxes are included in income tax expense and classified with
the related liability on the consolidated balance
sheet.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
November 21, 2015 FASB issued ASU 2015-17 on the balance sheet
classification of deferred taxes.  The new standard requires
that all deferred taxes are presented as noncurrent in a classified
statement of financial position.  The new guidance is
effective for public business entities for annual periods beginning
after December 15, 2016 and for nonpublic business entities for
annual periods beginning after December 15, 2017.  Early
adoption is available for all entities for any set of financial
statements that had not been released as at November 21, 2015 with
an option to apply on either a prospective or a retrospective
basis. The Company has elected for early adoption of ASU 2015
– 17 on a prospective basis for all financial statements
issued after November 21, 2015. The effect of this is that all
deferred tax assets and liabilities are classified as noncurrent
assets and liabilities in the December 31, 2015 balance sheet. As
ASU 2015-17 is being adopted on a prospective basis there is no
impact on prior period financial statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (r)           Government
grants</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Government
grants received relating to capital expenditures are shown as
deferred income and credited to income on a basis consistent with
the depreciation policy of the relevant assets.  Grants
relating to categories of operating expenditures are credited to
income in the period in which the expenditure to which they relate
is charged.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Under
the grant agreements amounts received may become repayable in full
should certain circumstances specified within the grant agreements
occur, including downsizing by the Company, disposing of the
related assets, ceasing to carry on its business or the appointment
of a receiver over any of its assets.  The Company has
not recognized any loss contingency having assessed as remote the
likelihood of these events arising.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(s)           Research
and development credits</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Research
and development credits are available to the Company under the tax
laws in certain jurisdictions, based on qualifying research and
development spend as defined under those tax laws. Research and
development credits are generally recognized as a reduction of
income tax expense. However, certain tax jurisdictions provide
refundable credits that are not wholly dependent on the
Company’s ongoing income tax status or income tax position.
In these circumstances the benefit of these credits is not recorded
as a reduction to income tax expense, but rather as a reduction of
operating expenditure.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (t)           Pension
costs</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company contributes to defined contribution plans covering all
eligible employees. The Company contributes to these plans based
upon various fixed percentages of employee compensation and such
contributions are expensed as incurred.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company operates, through a subsidiary, a defined benefit plan for
certain of its United Kingdom employees. The Company accounts for
the costs of this plan using actuarial models required by FASB ASC
715-30 and the plan is presented in accordance with the
requirements of FASB ASC 715-60 <font style="FONT-STYLE: italic; DISPLAY: inline">Defined Benefit Plans –
Other Post retirement</font>.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(u)           Net
income per ordinary share</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Basic
net income per ordinary share has been computed by dividing net
income available to ordinary shareholders by the weighted average
number of ordinary shares outstanding during the period. Diluted
net income per ordinary share is computed by adjusting the weighted
average number of ordinary shares outstanding during the period for
all potentially dilutive ordinary shares outstanding during the
period and adjusting net income for any changes in income or loss
that would result from the conversion of such potential ordinary
shares.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">There
is no difference in net income used for basic and diluted net
income per ordinary share. The reconciliation of the number of
shares used in the computation of basic and diluted net income per
ordinary share is as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Weighted
average number of ordinary shares outstanding for basic net income
per ordinary share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">58,746,935</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">61,496,115</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">60,907,274</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Effect
of dilutive share options outstanding</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,543,098</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,635,302</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,345,977</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Weighted
average number of ordinary shares outstanding for diluted net
income per ordinary share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">60,290,033</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">63,131,417</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">62,253,251</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(v)           Share-based
compensation</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company accounts for its share options, restricted share units
(“RSU’s”) and performance share units
(“PSU’s”) in accordance with the provisions of
FASB ASC 718, <font style="FONT-STYLE: italic; DISPLAY: inline">Compensation – Stock
Compensation. </font>Share-based
compensation expense for equity-settled awards made to employees
and Directors is measured and recognized based on estimated grant
date fair values. These equity-settled awards include employee
share options, RSU’s and PSU’s.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Share-based
compensation expense for share options awarded to employees and
Directors is estimated at the grant date based on each
option’s fair value as calculated using the Black-Scholes
option-pricing model. Share-based compensation for RSU’s and
PSU’s awarded to employees and Directors is calculated based
on the market value of the Company’s shares on the date of
award of the RSU’s and PSU’s. The value of awards
expected to vest is recognized as an expense over the requisite
service periods. Forfeitures are estimated on the date of grant and
revised if actual or expected forfeiture activity differs
materially from original estimates.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Estimating
the grant date fair value of share options as of the grant date
using an option-pricing model, such as the Black-Scholes model, is
affected by the Company’s share price as well as assumptions
regarding a number of complex variables. These variables include,
but are not limited to, the expected share price volatility over
the term of the awards, risk-free interest rates, and the expected
term of the awards.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(w)           Impairment
of long-lived assets</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Long-lived
assets are reviewed for impairment whenever events or changes in
circumstances indicate that the carrying amount of an asset may not
be recoverable. Recoverability of assets to be held and used is
measured by a comparison of the carrying amount of an asset to
future undiscounted net cash flows expected to be generated by the
asset. If such assets are considered to be impaired, the impairment
to be recognized is measured by the amount by which the carrying
amount of the assets exceeds the fair value of the assets. Assets
to be disposed of are reported at the lower of the carrying amount
of the asset or fair value less selling costs.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(x)           Derivative
financial instruments</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">We
enter into transactions in the normal course of business using
various financial instruments in order to hedge against exposures
to fluctuating exchange and interest rates. We use derivative
financial instruments to reduce exposure to fluctuations in
interest rates. A derivative is a financial instrument or other
contract whose value changes in response to some underlying
variable, which has an initial net investment smaller than would be
required for other instruments that have a similar response to the
variable and that will be settled at a future date. We do not enter
into derivative financial instruments for trading or speculative
purposes. We did not hold any interest rate swap contracts or
forward currency contracts at December 31, 2015, December 31,
2014 or December 31, 2013.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Our
accounting policies for derivative financial instruments are based
on whether they meet the criteria for designation as cash flow or
fair value hedges. A designated hedge of the exposure to
variability in the future cash flows of an asset or a liability, or
of a forecasted transaction, is referred to as a cash flow hedge. A
designated hedge of the exposure to changes in fair value of an
asset or a liability is referred to as a fair value hedge. The
criteria for designating a derivative as a hedge include the
assessment of the instrument’s effectiveness in risk
reduction, matching of the derivative instrument to its underlying
transaction, and the probability that the underlying transaction
will occur. For derivatives with cash flow hedge accounting
designation, we report the gain or loss from the effective portion
of the hedge as a component of Other Comprehensive Income and
reclassify it into earnings in the same period or periods in which
the hedged transaction affects earnings, and within the same income
statement line item as the impact of the hedged transaction. For
derivatives with fair value hedge accounting designation, we
recognize gains or losses from the change in fair value of these
derivatives, as well as the offsetting change in the fair value of
the underlying hedged item, in earnings. Fair value gains and
losses arising on derivative financial instruments not qualifying
for hedge accounting are reported in our Consolidated Statement of
Operations.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(y)           Financing
costs and gain on interest rate hedge</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
interest rate in respect of the Senior Notes is fixed at 3.64% for
the five year term of the agreement.  The associated
interest cost is recognized in interest expense in the period since
drawdown in December 2015.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On October
5 2015, the Company entered into an interest rate hedge in respect
of the planned issuance of the Senior Notes in December 2015. The
interest rate hedge matured on November 17, 2015 when the interest
rate on the Senior Notes was fixed. The interest rate hedge was
effective in accordance with Financial Accounting Standards Board
(“FASB”) ASC 815, “Derivatives and
Hedging”.  The cash proceeds ($4.6 million),
representing the realized gain on the interest rate hedge were
received on maturity in November 2015 and are recorded within Other
Comprehensive Income.  The realized gain will be
amortized to the income statement, net against interest payable,
over the period of the Senior Notes.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Deferred
financing costs (including issue costs relating to the Senior
Notes) are reported at cost less accumulated amortization and the
related amortization expense is included in interest expense, in
our consolidated statement of income.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (y)           Reclassifications</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Certain
amounts in the consolidated financial statements have been
reclassified where necessary to conform to the current year
presentation.</font></div>
</div>
4.08
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(b)           Use
of estimates</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
preparation of financial statements in conformity with generally
accepted accounting principles in the United States requires
management to make estimates and judgments that affect the reported
amounts of assets and liabilities and disclosure of contingent
assets and liabilities at the date of the financial statements and
the reported amounts of revenues and expenses during the reported
period. Actual results could differ from those estimates. The
principle management estimates and judgments used in preparing the
financial statements relate to revenue recognition, taxation,
goodwill and business combinations.</font></div>
</div>
P4Y9M4D
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
12. Share Capital</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Holders
of ordinary shares will be entitled to receive such dividends as
may be recommended by the Board of Directors of the Company and
approved by the shareholders and/or such interim dividends as the
Board of Directors of the Company may decide. On liquidation or a
winding up of the Company, the par value of the ordinary shares
will be repaid out of the assets available for distribution among
the holders of the ordinary shares of the Company. Holders of
ordinary shares have no conversion or redemption rights. On a show
of hands, every holder of an ordinary share present in person or
proxy at a general meeting of shareholders shall have one vote, for
each ordinary share held with no individual having more than one
vote.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">During
the year ended December 31, 2015, 773,753 options were exercised by
employees at an average exercise price of $27.13 per share for
total proceeds of $21.0 million. During the year ended December 31,
2015, 268,870 ordinary shares were issued in respect of
certain RSU’s and 7,990 ordinary shares were issued in
respect of certain PSUs previously awarded by the
Company.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">During
the year ended December 31, 2014, 926,407 options were exercised by
employees at an average exercise price of $24.02 per share for
total proceeds of $22.3 million. During the year ended December 31,
2014, 233,726 ordinary shares were issued in respect of certain
RSU’s previously awarded by the Company.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">During
the year ended December 31, 2013, 1,249,759 options were exercised
by employees at an average exercise price of $21.60 per share for
total proceeds of $27.0 million. During the year ended December 31,
2013, 50,000 ordinary shares were issued in respect of certain
RSU’s previously awarded by the Company.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-STYLE: italic; DISPLAY: inline">
<a name="SendFinalTemp" id="SendFinalTemp"></a> (a) Share
Repurchase Program</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
May 1, 2015 the Company commenced a buyback program of up to $60
million under which the Company could acquire its outstanding
ordinary shares (by way of redemption), in accordance
with  Irish law, the United States securities laws and
the Company’s constitutional documents through open market
share acquisitions.   A total of 882,419 ordinary
shares were redeemed by the Company under this buyback program for
a total consideration of $57.9 million.   All ordinary
shares that were redeemed under the buyback program were cancelled
in accordance with the Constitution of the Company and the nominal
value of these shares transferred to a capital redemption reserve
fund as required under Irish Company Law.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
July 31, 2015 the Company commenced a further buyback program of up
to $400 million under which the Company could acquire its
outstanding ordinary shares (by way of redemption), in accordance
with  Irish law, the United States securities laws and
the Company’s constitutional documents through open market
share acquisitions.   A total of 5,316,062 ordinary
shares were redeemed by the Company under this buyback program for
a total consideration of $400 million.   All ordinary
shares that were redeemed under the buyback program were cancelled
in accordance with the Constitution of the Company and the nominal
value of these shares transferred to a capital redemption reserve
fund as required under Irish Company Law.  The share
buyback program was completed in December 2015, with a total of
6,198,481 ordinary shares redeemed during the year ended December
31, 2015 for total consideration of $457.9 million.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">During
the year ended December 31, 2014 2,640,610 ordinary shares were
repurchased by the Company for a total consideration of $140.0
million.  There were no share repurchases completed
during 2013.  All ordinary shares repurchased by the
Company were cancelled, and the nominal value of these shares
transferred to a capital redemption reserve fund as required under
Irish Company Law.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
October 27, 2011 the Company announced its intention to commence a
share repurchase program of up to $50 million. On November 22, 2011
the Company entered into two separate share repurchase plans of up
to $10 million each, covering the periods November 23, 2011 to
December 31, 2011 and January 1, 2012 to February 20, 2012
respectively.  On February 21, 2012 the Company entered
into a further share repurchase plan of up to $20 million, covering
the period February 22, 2012 to April 22, 2012. On  April
27, 2012 the Company entered into a fourth share repurchase plan of
up to $20 million, covering the period April 27, 2012 to July 18,
2012. On July 30, 2012 the Company entered into a fifth share
repurchase plan of up to $10 million, covering the period July 30,
2012 to October 26, 2012. On September 19, 2014 the Company
announced that it had completed a $40 million redemption of the
Company’s ordinary shares and that it had entered into a
further program under which the Company can acquire up to an
additional $100 million of its outstanding ordinary shares (by way
of redemption), in accordance with United States securities laws
through open market share acquisitions.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Under
the repurchase program, a broker purchased the Company’s
shares from time to time on the open market or in privately
negotiated transactions in accordance with agreed terms and
limitations. The program was designed to allow share repurchases
during periods when the Company would ordinarily not be permitted
to do so because it may be in possession of material non-public or
price-sensitive information, applicable insider trading laws or
self-imposed trading blackout periods.  The
Company’s instructions to the broker were irrevocable and the
trading decisions in respect of the repurchase program were made
independently of and uninfluenced by the Company.  The
Company confirms that on entering the share repurchase plans it had
no material non-public, price-sensitive or inside information
regarding the Company or its securities. Furthermore, the Company
will not enter into additional plans whilst in possession of such
information. The timing and actual number of shares acquired by way
of the redemption will be dependent on market conditions, legal and
regulatory requirements and the other terms and limitations
contained in the program.  In addition, acquisitions
under the program may be suspended or discontinued in certain
circumstances in accordance with the agreed
terms.  Therefore, there can be no assurance as to the
timing or number of shares that may be acquired under the
program.  </font></div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
2015
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">
16. Commitments and Contingencies</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">
Litigation</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company is not party to any litigation or other legal proceedings
that the Company believes could reasonably be expected to have a
material adverse effect on the Company's business, results of
operations and financial condition.</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">
Operating Leases</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company has several non-cancelable operating leases, primarily for
facilities, that expire over the next 10 years. These leases
generally contain renewal options and require the Company to pay
all executory costs such as maintenance and insurance. The Company
recognized $49.9 million, $54.3 million and $54.9 million in rental
expense, including rates, for the years ended December 31, 2015,
December 31, 2014 and December 31, 2013 respectively. Future
minimum rental commitments for operating leases with non-cancelable
terms in excess of one year are as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Minimum rental payments</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">36,921</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2017</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">26,784</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2018</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,547</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="bottom" width="88%">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2019</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15,502</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2020</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11,974</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Thereafter</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">45,924</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">157,652</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
weighted average fair values and assumptions were as
follows:</font></div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Weighted
average fair value</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19.75</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14.09</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12.05</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="DISPLAY: inline">Assumptions:</font></font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
volatility</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Dividend
yield</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Risk-free
interest rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.58</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.57</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.76</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
life</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.0
years</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.0
years</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.0
years</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
Certain Company employees are eligible to participate in a defined contribution plan (the "Plan"). Participants in the Plan may elect to defer a portion of their pre-tax earnings into a pension plan, which is run by an independent party. The Company matches participant's contributions typically at 6% of the participant's annual compensation.
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
1. Description of business</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">ICON
plc and its subsidiaries (“the Company” or
“ICON”) is a contract research organization
(“CRO”), providing outsourced development services on a
global basis to the pharmaceutical, biotechnology and medical
device industries. We specialize in the strategic development,
management and analysis of programs that support all stages of the
clinical development process from compound selection to Phase I-IV
clinical studies. Our vision is to be the Global CRO partner of
choice in drug development by delivering best in class information,
solutions and performance in clinical and outcomes
research.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">We
believe that we are one of a select group of CROs with the
expertise and capability to conduct clinical trials in most major
therapeutic areas on a global basis and have the operational
flexibility to provide development services on a stand-alone basis
or as part of an integrated “full service” solution. At
December 31, 2015 we had approximately 11,900 employees, in 90
locations in 37 countries. During the year ended December 31, 2015,
we derived approximately 41.3%, 48.3% and 10.4% of our net revenue
in the United States, Europe and Rest of World,
respectively.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">We
began operations in 1990 and have expanded our business
predominately through internal growth, together with a number of
strategic acquisitions to enhance our capabilities and expertise in
certain areas of the clinical development process.  We
are incorporated in Ireland and our principal executive office is
located at: South County Business Park, Leopardstown, Dublin 18,
Republic of Ireland. The contact telephone number of this office is
011- 353-1- 291-2000.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following table summarizes information concerning outstanding and
exercisable share options as of December 31, 2015:</font></div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="top" colspan="14">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Options Outstanding</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Options Exercisable</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Range Exercise Price</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Remaining Contractual Life</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Exercise Price</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Exercise Price</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15.84</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">50,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15.84</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">50,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15.84</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16.80</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">60,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.83</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16.80</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16.80</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">17.17</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.85</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">17.17</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">17.17</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18.98</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">600</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.87</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18.98</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">600</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18.98</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">400</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.88</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">400</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.28</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">255,694</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.17</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.28</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">158,073</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.28</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.59</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">57,200</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.14</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.59</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20.59</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">61,755</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.15</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">61,755</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.30</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">250,939</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.32</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.30</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">109,894</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22.30</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23.66</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,890</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.58</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23.66</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,450</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23.66</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.46</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">101,412</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.18</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.46</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">101,412</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24.46</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,950</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,950</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.71</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,450</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.86</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.71</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,670</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.71</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29.45</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29.45</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29.45</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32.37</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">179,603</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.34</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32.37</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">70,997</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32.37</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">35.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,350</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">35.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,350</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">35.33</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36.22</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">27,213</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.47</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36.22</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,908</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36.22</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">37.90</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,100</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.93</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">37.90</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">920</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">37.90</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40.83</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">105,992</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.40</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40.83</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20,468</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40.83</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47.03</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">71,670</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.18</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47.03</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,520</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">47.03</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">48.67</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">140,881</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.21</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">48.67</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">13,556</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">48.67</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51.35</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,030</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.61</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51.35</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">806</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51.35</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.47</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">15,969</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.47</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.47</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.97</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,118</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7.46</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.97</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66.97</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">232,366</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7.22</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.39</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
15.84 - $68.39</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
1,626,582</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
4.76</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
34.87</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
657,729</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
24.15</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(j)           Goodwill
and Impairment</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Goodwill
represents the excess of the cost of acquired entities over the net
amounts assigned to assets acquired and liabilities assumed.
Goodwill primarily comprises acquired workforce in place which does
not qualify for recognition as an asset apart from
goodwill.  Goodwill is stated net of any provision for
impairment. The Company tests goodwill annually for any impairments
or whenever events occur which may indicate impairment. The first
step is to compare the carrying amount of the reporting
unit’s assets to the fair value of the reporting unit. If the
carrying amount exceeds the fair value then a second step is
completed which involves the fair value of the reporting unit being
allocated to each asset and liability with the excess being implied
goodwill. The impairment loss is the amount by which the recorded
goodwill exceeds the implied goodwill. No impairment was recognized
as a result of the impairment testing carried out for the years
ended December 31, 2015, December 31, 2014 and December 31,
2013.</font></div>
</div>
5085000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
22. Related Parties</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
July 19, 2012, Mr. Peter Gray retired as a Director and employee of
the Company. The Company subsequently entered into an agreement
with Integritum Limited, a company controlled by Mr. Gray, for the
provision of consultancy services for a period of two years from
August 1, 2012, at an agreed fee of €265,000 ($350,000) per
annum.  This arrangement expired in August,
2014.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Subsidiaries
of the Company earned revenue of $221,000 from GW Pharmaceuticals
plc in the normal course of business.  There were backlog
awards at December 31, 2015 of $88,000.  Tom Lynch,
Chairman of the Company is a non-executive Director of GW
Pharmaceuticals plc.  The contract terms were agreed on
an arm’s length basis.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Subsidiaries
of the Company earned revenue of $100,000 (2014: $300,000) from
Dignity Sciences Limited during the year.  Dr. John
Climax is a director and both Dr. John Climax and Dr. Ronan Lambe
are shareholders of Dignity Sciences Limited.  The
contract terms were agreed on an arm’s length
basis.</font></div>
</div>
60290033
2015-11-17
Yes
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
20. Long-Term Debt – Senior Notes</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
December 2015 the Company issued $350 million in the private
placement market.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
interest rate in respect of the Senior Notes is fixed at 3.64% for
the five year term</font></font> of the
agreement.  The associated interest cost is recognized in
interest expense in the period since drawdown in December
2015.</font></div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
October 2015, the Company entered into an interest rate hedge in
respect of the planned issuance of the Senior Notes in December
2015. The interest rate hedge matured in November 2015 when the
interest rate on the Senior Notes was fixed. The interest rate
hedge was effective in accordance with Financial Accounting
Standards Board (“FASB”) ASC 815, “Derivatives
and Hedging”.  The cash proceeds ($4.6 million),
representing the realized gain on the interest rate hedge were
received on maturity in November 2015 and are recorded within Other
Comprehensive Income.  The realized gain will be
amortized to the income statement, net against interest payable,
over the period of the Senior Notes.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Senior Notes agreement also includes certain financial covenants
that require <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">compliance</font></font> with
a consolidated leverage ratio, a minimum EBIT to consolidated net
interest charge ratio and a maximum amount of priority debt, each
of which are defined in the Note Purchase Agreement.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Senior Notes have not been, and will not be, registered under the
Securities Act of 1933, as amended, and may not be offered or sold
in the United States absent registration or an applicable exemption
from registration requirements.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (i)           Business
combinations</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
cost of a business combination is measured as the aggregate of the
fair values at the date of exchange of assets given, liabilities
incurred or assumed and equity instruments issued in exchange for
control. Where a business combination agreement provides for an
adjustment to the cost of the acquisition which is contingent upon
future events, the amount of the estimated adjustment is recognized
at the acquisition date at the fair value of this contingent
consideration. Any changes to this estimate in subsequent periods
will depend on the classification of the contingent consideration.
If the contingent consideration is classified as equity it shall
not be re-measured and the settlement shall be accounted for within
equity. If the contingent consideration is classified as a
liability any adjustments will be accounted for through the
Consolidated Statement of Operations or Other Comprehensive Income
depending on whether the liability is considered a financial
instrument.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
assets, liabilities and contingent liabilities of businesses
acquired are measured at their fair values at the date of
acquisition. In the case of a business combination which is
completed in stages, the fair values of the identifiable assets,
liabilities and contingent liabilities are determined at the date
of each exchange transaction. When the initial accounting for a
business combination is determined provisionally, any subsequent
adjustments to the provisional values allocated to the identifiable
assets, liabilities and contingent liabilities are made within
twelve months of the acquisition date and presented as adjustments
to the original acquisition accounting.</font></div>
</div>
3.97
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left"><br class="Apple-interchange-newline" />
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-cash
interest on acquisition consideration payable*</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">240</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
paid for interest</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,175</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">533</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">548</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
paid for income taxes</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,829</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">17,829</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,103</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">*
recorded within interest expense</font></div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(o)           Property,
plant and equipment</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Property,
plant and equipment is stated at cost less accumulated
depreciation. Depreciation of property, plant and equipment is
computed using the straight line method based on the estimated
useful lives of the assets as listed below:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<div align="center">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="85%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="13%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="DISPLAY: inline">
Years</font></font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Building</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Computer
equipment and software</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2-8</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Office
furniture and fixtures</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Laboratory
equipment</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Motor
vehicles</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Leasehold
improvements are amortized using the straight-line method over the
estimated useful life of the asset or the lease term, whichever is
shorter.</font></div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Future
minimum rental commitments for operating leases with non-cancelable
terms in excess of one year are as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Minimum rental payments</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">36,921</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2017</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">26,784</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2018</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,547</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="bottom" width="88%">
<div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2019</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15,502</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2020</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11,974</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Thereafter</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">45,924</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">157,652</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"> </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(p)           Leased
assets</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Costs
in respect of operating leases are charged to the statement of
operations on a straight line basis over the lease
term.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Assets
acquired under capital finance leases are included in the balance
sheet at the present value of the future minimum lease payments and
are depreciated over the shorter of the lease term and their
remaining useful lives. The corresponding liabilities are recorded
in the balance sheet and the interest element of the capital lease
rental is charged to interest expense.</font></div>
</div>
0.125
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left"><br class="Apple-interchange-newline" />
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Currency
translation adjustments</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(57,315</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(22,210</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Currency
impact on long term funding (Net of tax)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,484</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(9,252</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
loss on defined benefit pension plan (note 9)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,420</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(6,113</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Unrealized
capital (loss)/gain – investments (note 3)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(34</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Realized
gain on interest rate hedge</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,617</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(61,636</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(37,555</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
9. Employee Benefits</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Certain
Company employees are eligible to participate in a defined
contribution plan (the "Plan"). Participants in the Plan may elect
to defer a portion of their pre-tax earnings into a pension plan,
which is run by an independent party. The Company matches
participant's contributions typically at 6% of the participant's
annual compensation. Contributions to the plan are recorded, as an
expense in the Consolidated Statement of Operations. Contributions
for the years ended December 31, 2013, December 31, 2014 and
December 31, 2015 were $20,293,000, $22,582,000 and $21,874,000
respectively.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company's United States operations maintain a retirement plan (the
"U.S. Plan") that qualifies as a deferred salary arrangement under
Section 401(k) of the Internal Revenue Code. Participants in the
U.S. Plan may elect to defer a portion of their pre-tax earnings,
up to the Internal Revenue Service annual contribution limit. The
Company matches 50% of each participant's contributions; each
participant can contribute up to 6% of their annual compensation.
Contributions to this U.S. Plan are recorded, in the year
contributed, as an expense in the Consolidated Statement of
Operations. Contributions for the years ended December 31, 2013,
December 31, 2014 and December 31, 2015 were $9,816,000,
$10,514,000 and $12,802,000 respectively.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">One
of the Company’s subsidiaries, ICON Development Solutions
Limited, operates a defined benefit pension plan in the United
Kingdom for its employees. The plan is managed externally and the
related pension costs and liabilities are assessed in accordance
with the advice of a professionally qualified actuary. Plan assets
at December 31, 2015, December 31, 2014 and December 31, 2013,
consist of units held in independently administered funds. The
pension costs of this plan are presented in the following tables in
accordance with the requirements of ASC 715-60, <font style="FONT-STYLE: italic; DISPLAY: inline">Defined Benefit Plans –
Other Postretirement</font>. The plan has been closed to new
entrants with effect from July 1, 2003.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Change in benefit obligation</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefit
obligation at beginning of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32,875</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24,958</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Service
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">78</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">91</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Interest
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,140</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,235</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Plan
participants’ contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">44</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Plan curtailments</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
-</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
359</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefits
paid</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,111</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(68</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
(gain)/loss</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,992</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,270</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
currency exchange rate changes</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,647</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,014</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Benefit obligation at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">27,369</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32,875</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Change in plan assets</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Fair
value of plan assets at beginning of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,409</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21,422</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actual
return on plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">277</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,424</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Employer
contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">114</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">155</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Plan
participants’ contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">44</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefits
paid</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,111</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(68</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
currency exchange rate changes</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,348</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,568</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Fair value of plan assets at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,367</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,409</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
fair values of the assets above do not include any of the
Company’s own financial instruments, property occupied by, or
other assets used by, the Company.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Funded status</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Projected
benefit obligation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(27,369</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(32,875</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Fair
value of plan assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,367</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,409</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Funded
status</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(4,002</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(7,466</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-current
other liabilities (note 8)</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(4,002</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(7,466</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
</table>
</div>
<div> </div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">The
following amounts were recorded in the consolidated statement of
operations as components of the net periodic benefit
cost:</font></div>
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Service
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">78</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">91</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">251</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Interest
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,140</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,235</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,005</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
return on plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(661</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,299</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(983</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Amortization
of net loss</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">224</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">130</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Curtailment
loss</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">359</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Net periodic benefit cost</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">781</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">406</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">403</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following assumptions were used at the commencement of the year in
determining the net periodic pension benefit cost for the years
ended December 31, 2013, December 31, 2014 and December 31,
2015:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="11"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Discount
rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.7</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rate
of compensation increase</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.4</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
rate of return on plan assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.7</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.1</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.7</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Accumulated other comprehensive income</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="5" align="right">
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 December 31,</font></div>
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></font></div>
</td>
<td valign="bottom" colspan="2" align="right">
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 December 31,</font></div>
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></font></div>
</td>
<td valign="bottom" colspan="3" align="right">
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
(gain)/loss - benefit obligation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,992</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,270</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">680</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
loss/(gain) – plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">384</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(4,125</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,933</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
gain recognized in net periodic benefit cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(224</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(130</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,832</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,125</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,383</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
estimated net gain and prior service cost for the defined benefit
pension plan that will be amortized from accumulated other
comprehensive income into net periodic benefit cost over the next
year are $nil and $nil respectively.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Amounts
recognized in accumulated other comprehensive income that have not
yet been recognized as components of net periodic benefit cost are
as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%" colspan="9">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
actuarial loss</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,281</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,113</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,988</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,281</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,113</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,988</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Benefit Obligation</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following assumptions were used in determining the benefit
obligation at December 31, 2015:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Discount
rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rate
of compensation increase</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.7</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.6</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
discount rate is determined by reference to UK long dated
government and corporate bond yields at the balance sheet
date.  This is represented by the iboxx corporate bond
over 15 year index plus 30 basis points.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Plan Assets</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
assets of the scheme are invested with Legal and General and held
in a combination of the Active Corporate Bond over 10 Year fund,
Gilt, and Index Linked Gilt funds. The overall investment strategy
is that approximately 70% of investments are in government bonds
(both fixed interest and index linked) and approximately 30% of
investments are held in corporate bonds. There is no
self-investment in employer related assets. The expected long-term
rate of return on assets at December 31, 2015 of 3.0% was
calculated as the value of the fund after application of a market
value reduction factor.   The expected long term
rates of return on different asset classes are as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Asset Category</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Expected long-term return per annum</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Corporate
Bonds</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Gilts</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
2.6</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
long-term expected return on corporate bonds and gilts (fixed
interest and index linked) is determined by reference to bond
yields and gilt yields at the balance sheet date.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
underlying asset split of the fund is shown below.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Asset Category</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Corporate
Bonds</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Gilts</font></font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
74</font></font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
74</font></font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">100</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">100</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Applying
the above expected long term rates of return to the asset
distribution at December 31, 2015, gives rise to an expected
overall rate of return of scheme assets of approximately 3.0% per
annum.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Plan Asset Fair Value Measurements</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Quoted Prices in Active Markets for Identical Assets</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Level 1</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31, 2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31, 2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="DISPLAY: inline">Cash</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="DISPLAY: inline">Fixed Income
Securities</font></font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Legal
and General Active Corporate Bond – Over 10 Year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,256</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,560</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Legal
and General Gilt Funds</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,528</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,977</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Legal
and General Index Linked Gilt Funds</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10,580</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,856</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,367</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,409</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br />
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Cash Flows</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company expects to contribute $0.1 million to its pension fund in
the year ending December 31, 2016.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following annual benefit payments, which reflect expected future
service as appropriate, are expected to be paid.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2016</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2017</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2018</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">71</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2019</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">72</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2020 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 75</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Years
2021 - 2025</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">376</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
expected cash flows are estimated figures based on the members
expected to retire over the next 10 years assuming no early
retirements plus an additional amount in respect of recent average
withdrawal experience.  At the present time it is not
clear whether annuities will be purchased when members reach
retirement or whether pensions will be paid each month out of
scheme assets.  The cash flows above have been estimated
on the assumption that pensions will be paid monthly out of scheme
assets.  If annuities are purchased, then the expected
benefit payments will be significantly different from those shown
above.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">On
May 7, 2014 the Company acquired 100% of the common stock of Aptiv
Solutions (“Aptiv”).  The acquisition of
Aptiv was accounted for as a business combination in accordance
with FASB ASC 805 <font style="FONT-STYLE: italic; DISPLAY: inline">Business
Combinations</font>.  The Company has a defined benefit
plan covering its employees in Switzerland as mandated by the Swiss
government.  Benefits are based on the employee’s
years of service and compensation.  Benefits are paid
directly by the Company when they become due, in conformity with
the funding requirements of applicable government
regulations.  The plan is managed externally and the
related pension costs and liabilities are assessed in accordance
with the advice of a professionally qualified actuary. Plan assets
at December 31, 2015 and December 31, 2014 consist of units held in
independently administered funds. The pension costs of this plan
are presented in the following tables in accordance with the
requirements of ASC 715-60, <font style="FONT-STYLE: italic; DISPLAY: inline">Defined Benefit Plans –
Other Postretirement</font>.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Change in benefit obligation</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefit
obligation at beginning of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,884</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Service
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">618</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Interest
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">159</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
loss</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">81</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
currency exchange rate changes</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,205</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Benefit obligation at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,537</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Change in plan assets</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Fair
value of plan assets at beginning of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,061</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
return on plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">93</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actual
return on plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,075</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">) </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Scheme
contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">194</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Plan
participants’ contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">216</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefits
paid</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,146</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
currency exchange rate changes</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Fair value of plan assets at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,350</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
fair values of the assets above do not include any of the
Company’s own financial instruments, property occupied by, or
other assets used by, the Company.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Funded status</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Projected
benefit obligation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$ </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,537</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Fair
value of plan assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,350</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Funded
status</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,187</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-current
other liabilities (note 8)</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,187</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Service
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$ </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">402</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Interest
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">159</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="PADDING-BOTTOM: 2px" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
return on plan assets</font></div>
</td>
<td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(119</font></td>
<td style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Settlement
loss </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Net periodic benefit cost</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$ </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">460</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following assumptions were used at the commencement of the year in
determining the net periodic pension benefit cost for the year
ended December 31, 2015:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Discount
rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.35</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rate
of compensation increase</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
rate of return on plan assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.35</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Accumulated other comprehensive income</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
loss - benefit obligation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">81</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
(gain) – plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,075</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Prior
service cost recognized in net periodic benefit
cost</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(17</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,139</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
estimated net gain and prior service cost for the defined benefit
pension plan that will be amortized from accumulated other
comprehensive income into net periodic benefit cost over the next
year are $nil and $nil respectively.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Benefit Obligation</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following assumptions were used in determining the benefit
obligation at December 31, 2015:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Discount
rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.95</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rate
of compensation increase</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.0</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
discount rate is determined by reference to Swiss long dated
government and corporate bond yields at the balance sheet
date.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Plan Assets</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
assets of the scheme are invested with Swiss Life and held in a
combination of debt securities, equity securities and in real
estate. There is no self-investment in employer related assets. The
expected long term rates of return on different asset classes are
as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br />
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Asset Category</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Equity
securities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Debt
securities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">75</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Real estate</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 12</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">% </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">100</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Cash Flows</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company expects to contribute $0.2 million to its pension fund in
the year ending December 31, 2016.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following annual benefit payments, which reflect expected future
service as appropriate, are expected to be paid.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="85%">
<tr>
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2016</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">166</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2017</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">169</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2018</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">171</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2019</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">182</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2020 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 182</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Years
2021 - 2025</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,205</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
expected cash flows are estimated figures based on the members
expected to retire over the next 10 years assuming no early
retirements plus an additional amount in respect of recent average
withdrawal experience.  At the present time it is not
clear whether annuities will be purchased when members reach
retirement or whether pensions will be paid each month out of
scheme assets.  The cash flows above have been estimated
on the assumption that pensions will be paid monthly out of scheme
assets.  If annuities are purchased, then the expected
benefit payments will be significantly different from those shown
above.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left"><br class="Apple-interchange-newline" />
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Personnel
related liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">159,339</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">167,362</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Facility
related liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22,517</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">19,862</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">General
overhead liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29,257</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">33,422</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,607</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26,631</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Short
term government grants (note 11)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">43</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">110</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="PADDING-BOTTOM: 2px" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Restructuring
and other items (note 14)</font></div>
</td>
<td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,116</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,704</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">231,879</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">251,091</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(n)           Inventory</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Inventory
is valued at the lower of cost and market value and after
provisions for obsolescence. Cost of inventories comprises the
purchase price and attributable costs, less trade
discounts.  At December 31, 2015 the carrying value of
inventory, included within prepayments and other current assets on
the balance sheet, was $1.8 million (2014: $1.7
million).</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(w)           Impairment
of long-lived assets</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Long-lived
assets are reviewed for impairment whenever events or changes in
circumstances indicate that the carrying amount of an asset may not
be recoverable. Recoverability of assets to be held and used is
measured by a comparison of the carrying amount of an asset to
future undiscounted net cash flows expected to be generated by the
asset. If such assets are considered to be impaired, the impairment
to be recognized is measured by the amount by which the carrying
amount of the assets exceeds the fair value of the assets. Assets
to be disposed of are reported at the lower of the carrying amount
of the asset or fair value less selling costs.</font></div>
</div>
15.84
-3608000
14519000
215458000
49730000
29281000
18000
-339000
278850000
33317000
-54000
695000
82000
281536000
778000
1574978000
18671000
3063000
1306000
8000
2175000
-5900000
49730000
20981000
1482000
8631000
55000
14194000
239539000
1500000
4617000
-54000
166292000
-35105000
457892000
2161618000
1905000
14829000
501500000
-55000
4658000
-8362000
49900000
57677000
40210000
457892000
-81386000
17467000
34856000
39311000
40980000
900000
851500000
-463000
43000
-2693000
-26266000
36154000
3574000
0
133123000
34644000
161000
5600000
34200000
194000
4513750
1293442000
4418000
3157000
-16000
-14989000
3992000
908979000
25250000
586640000
-4133000
3157000
4614000
3124000
1905000
-159000
33317000
-949000
326786000
63000
8000
-12431000
315000
-204772000
20999000
6378000
14194000
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">e)
The distribution of depreciation and amortization by geographical
area was as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">22,100</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,731</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">19,826</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11,055</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,478</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6,595</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,106</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,491</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16,233</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,416</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,842</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,860</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">57,677</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">52,542</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">46,514</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Non-cash
stock compensation expense for the year ended December 31, 2015 has
been allocated as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" colspan="10">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">  <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">Year
ended</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></font></div>
</div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></font></div>
</div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="10" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Direct
costs</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,358</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,531</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,835</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Selling,
general and administrative</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,959</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10,211</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,385</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> Total
compensation costs</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">33,317</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22,742</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,220</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<p> </p>
</div>
889000
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Provision
for doubtful debts at December 31, 2015 comprises:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div align="center">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="85%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Opening
provision</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,458</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,148</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
used during the year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(161</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(502</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
provided during the year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,572</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,874</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
released during the year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(2,244</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(62</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Translation</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(242</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Closing
provision</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10,383</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,458</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</div>
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">
15. Provision for Doubtful Debts</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
Company does business with most major international pharmaceutical
companies. Provision for doubtful debts at December 31, 2015
comprises:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div align="center">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="85%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Opening
provision</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,458</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,148</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
used during the year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(161</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(502</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
provided during the year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,572</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,874</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Amounts
released during the year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(2,244</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(62</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Translation</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(242</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Closing
provision</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10,383</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,458</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
</div>
90
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
11. Government Grants</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Received</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,539</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,698</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Less
accumulated amortization</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,657</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,710</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
exchange translation adjustment</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">120</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">238</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Total government grants</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,002</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,226</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Less
current portion</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(43</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(110</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Non-current government grants</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">959</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,116</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Capital
grants received may be refundable in full if certain events occur.
Such events, as set out in the related grant agreements, include
sale of the related asset, liquidation of the Company or failure to
comply with other conditions of the grant agreements.  No
loss contingency has been recognized as the likelihood of such
events arising has been assessed as remote.  <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">A
net charge of $53,000 was recorded in respect of government grants
during the year ended December 31, 2015. </font></font>Government
grants amortized to the profit and loss account
amounted <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">to
$213,000 for the year ended December 31,
2014</font></font>.  As at December 31, 2015 the Company
had $0.7 million in restricted retained earnings, pursuant to the
terms of grant agreements.</font></div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
In the United States tax periods open to audit include the years ended December 31, 2012, December 31, 2013, December 31, 2014 and December 31, 2015. In Ireland, tax periods open to audit include the years ended December 31, 2011, December 31, 2012, December 31, 2013, December 31, 2014 and December 31, 2015. During such audits, local tax authorities may challenge the positions taken by us in tax returns.
889000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
3. Short term investments - available for sale</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">At
start of  year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">97,100</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">138,317</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Additions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,194</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">61,328</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Disposals</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(25,250</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(102,565</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Unrealized
capital (loss)/gain – investments</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(54</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">At
end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">85,990</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">97,100</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company classifies its short term investments as available for
sale.  Short term investments comprise highly liquid
investments with maturities of greater than three months and
minimum “A-” rated fixed and floating rate
securities.  Short term investments at December 31, 2015
have an average maturity of 1.35 years compared to 1.7 years at
December 31, 2014. The investments are reported at fair value with
unrealized gains or losses reported in a separate component of
shareholders’ equity. Any differences between the cost and
fair value of investments are represented by accrued interest. The
fair value of short term investments are represented by level 1
fair value measurements – quoted prices in active markets for
identical assets.</font></div>
</div>
25250000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">b)
The distribution of income from operations, including restructuring
and other items, by geographical area was as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">189,035</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">138,185</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">81,811</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">38,166</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">14,481</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,831</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">45,320</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">39,058</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">29,472</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,015</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10,626</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,053</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">281,536</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">202,350</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">121,167</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">c)
The distribution of income from operations, excluding restructuring
and other items, by geographical area was as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">189,035</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">138,185</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">82,867</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">38,166</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,277</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,269</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">45,320</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">39,058</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">33,564</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,015</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10,626</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,500</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">281,536</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">211,146</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">130,200</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
P1Y4M6D
7342000
7572000
2244000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following table summarizes RSU and PSU activity for the year ended
December 31, 2015:</font></div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
PSU Outstanding</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
PSU</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Fair Value</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
PSU</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Remaining Contractual Life</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
RSU Outstanding</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Number of Shares</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
RSU</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Fair Value</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
RSU</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Weighted Average Remaining Contractual Life</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2014</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">669,171</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">39.78</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.77</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,038,996</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">35.19</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.67</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="28%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Granted</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">259,110</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68.82</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">389,542</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">67.02</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Shares
vested</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(7,990</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">) </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32.38</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(268,870</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26.06</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Forfeited</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(18,518</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">46.82</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(92,055</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">44.43</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="28%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="28%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Outstanding
at December 31, 2015</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">901,773</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">72.55</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.49</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,067,613</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">48.30</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.48</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
3574000
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Restructuring
and other items recognized during the year ended December 31, 2015
comprise:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Restructuring
charges</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,796</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,033</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net
charge</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,796</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,033</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (y)           Reclassifications</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Certain
amounts in the consolidated financial statements have been
reclassified where necessary to conform to the current year
presentation.</font></div>
</div>
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">g)
The distribution of capital expenditures by geographical area was
as follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30,900</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15,117</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,976</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,916</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,278</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,887</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15,256</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">12,224</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20,842</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,658</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,160</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,783</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">49,730</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">32,779</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29,488</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
19. Accumulated Other Comprehensive Income</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Currency
translation adjustments</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(57,315</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(22,210</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Currency
impact on long term funding (Net of tax)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,484</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(9,252</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
loss on defined benefit pension plan (note 9)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,420</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(6,113</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Unrealized
capital (loss)/gain – investments (note 3)</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(34</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Realized
gain on interest rate hedge</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,617</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(61,636</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(37,555</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(d)           Reimbursable
expenses</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Reimbursable
expenses comprise investigator payments and certain other costs
which are reimbursed by clients under terms specific to each
contract and are deducted from gross revenue in arriving at net
revenue. Investigator payments are accrued based on patient
enrollment over the life of the contract. Investigator payments are
made based on predetermined contractual arrangements, which may
differ from the accrual of the expense.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Amounts
credited or charged to the statement of operations for the years
ended December 31, 2015, December 31, 2014 and December 31, 2013
were as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Amounts
(credited)</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,608</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,942</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,233</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left"><br class="Apple-interchange-newline" />
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Received</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,539</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,698</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Less
accumulated amortization</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,657</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,710</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
exchange translation adjustment</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">120</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">238</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Total government grants</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,002</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,226</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Less
current portion</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(43</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(110</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Non-current government grants</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">959</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,116</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">
 Depreciation of property, plant and equipment is
computed using the straight line method based on the estimated
useful lives of the assets as listed below:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<div align="center">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="85%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="13%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="DISPLAY: inline">
Years</font></font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Building</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">40</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Computer
equipment and software</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2-8</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Office
furniture and fixtures</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Laboratory
equipment</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="85%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Motor
vehicles</font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" width="12%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> (r)           Government
grants</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Government
grants received relating to capital expenditures are shown as
deferred income and credited to income on a basis consistent with
the depreciation policy of the relevant assets.  Grants
relating to categories of operating expenditures are credited to
income in the period in which the expenditure to which they relate
is charged.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Under
the grant agreements amounts received may become repayable in full
should certain circumstances specified within the grant agreements
occur, including downsizing by the Company, disposing of the
related assets, ceasing to carry on its business or the appointment
of a receiver over any of its assets.  The Company has
not recognized any loss contingency having assessed as remote the
likelihood of these events arising.</font></div>
</div>
3200000
<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The
components of income before provision for income taxes are as
follows:</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">184,643</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">143,889</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">80,914</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">United
States</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15,436</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6,966</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16,218</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">78,771</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">51,861</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">23,733</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%" align="left">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Income
before provision for income taxes</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">278,850</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">202,716</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">120,865</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"> </font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">j)
The distribution of the income tax charge by geographical area was
as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21,795</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,384</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,073</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,007</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,855</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(7</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,580</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,860</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,072</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,929</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,149</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,915</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">39,311</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">30,248</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18,053</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
281536000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">i)
The distribution of interest income by geographical area was as
follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Ireland</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">102</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">284</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">355</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rest
of Europe</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,151</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">798</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">501</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">U.S.</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">49</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">69</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">130</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,306</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,151</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">986</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
21. Impact of New Accounting Pronouncements</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
January 2015, the FASB<font style="FONT-FAMILY: 'Times New Roman'; DISPLAY: inline"> </font>issued
ASU 2015-01, which<font style="FONT-STYLE: italic; DISPLAY: inline"> </font>eliminates the
concept of extraordinary items from U.S. GAAP as part of its
simplification initiative. The ASU does not affect disclosure
guidance for events or transactions that are unusual in nature or
infrequent in their occurrence.  The ASU is effective for
fiscal years and, interim periods within those fiscal years,
beginning after December 15, 2015. The ASU allows prospective or
retrospective application. Early adoption is permitted if applied
from the beginning of the fiscal year of adoption. The Company does
not expect the adoption of ASU 2015-01 to have a material impact on
the financial statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
February 2015, the FASB issued ASU 2015-02,<font style="FONT-STYLE: italic; DISPLAY: inline"> </font>which changes
the way reporting enterprises evaluate whether (a) they should
consolidate limited partnerships and similar entities, (b) fees
paid to a decision maker or service provider are variable interests
in a variable interest entity (VIE), and (c) variable interests in
a VIE held by related parties of the reporting enterprise require
the reporting enterprise to consolidate the VIE. It also eliminates
the VIE consolidation model based on majority exposure to
variability that applied to certain investment companies and
similar entities. The new guidance excludes money market funds that
are required to comply with Rule 2a-7 of the Investment Company Act
of 1940 and similar entities from the U.S. GAAP consolidation
requirements.  The new consolidation guidance is effective for
public business entities for annual and interim periods in fiscal
years beginning after December 15, 2015. The Company does not
expect the adoption of ASU 2015-02 to have a material impact on the
financial statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
April 2015, the FASB issued ASU 2015-03, which intends to simplify
the presentation of debt issuance costs.  This ASU is
effective for public business entities for fiscal years beginning
after December 15, 2015, and interim periods within those fiscal
years.<font style="FONT-WEIGHT: bold; DISPLAY: inline"> </font>Subsequent to the
issuance of ASU 2015-03, the SEC staff made an announcement
regarding the presentation of debt issuance costs associated with
line-of-credit arrangements, which was codified by the FASB in ASU
2015-15. The SEC staff guidance is effective upon adoption of ASU
2015-03.  The Company does not expect the adoption of ASU
2015-03 to have a material impact on the financial
statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
April 2015, the FASB issued ASU 2015-04, which permits an entity
with a fiscal year-end that does not fall on a month-end to measure
defined benefit plan obligations and assets as of the month-end
that is closest to the entity’s fiscal year-end, and apply
that methodology consistently from year to year. The ASU also
requires an entity to adjust the measurement of defined benefit
plan obligations and assets to reflect contributions or significant
events that occur between the month-end date used to measure
defined benefit plan obligations and assets and the entity’s
fiscal year-end.  This ASU is effective for public business
entities for financial statements issued for fiscal years beginning
after December 15, 2015, and interim periods within those fiscal
years.   The Company does not expect the adoption of ASU
2015-03 to have a material impact on the financial
statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
April 2015, the FASB issued ASU 2015-05, which provides explicit
guidance to help companies evaluate the accounting for fees paid by
a customer in a cloud computing arrangement. The new guidance
clarifies that if a cloud computing arrangement includes a software
license, the customer should account for the license consistent
with its accounting for other software licenses. If the arrangement
does not include a software license, the customer should account
for the arrangement as a service contract.  This ASU is
effective for public business entities for annual periods,
including interim periods within those annual periods, beginning
after December 15, 2015. The Company does not expect the adoption
of ASU 2015-05 to have a material impact on the financial
statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
April 2015, the FASB issued ASU 2015-06, which requires a master
limited partnership (MLP) to allocate earnings (losses) of a
transferred business entirely to the general partner when computing
earnings per unit (EPU) for periods before the dropdown transaction
occurred. The EPU that the limited partners previously reported
would not change as a result of the dropdown transaction. The ASU
also requires an MLP to disclose the effects of the dropdown
transaction on EPU for the periods before and after the dropdown
transaction occurred.  The Company does not expect the
adoption of ASU 2015-06 to have a material impact on the financial
statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
July 2015, the FASB issued ASU 2015-11, which, for entities that do
not measure inventory using the last-in, first-out (LIFO) or retail
inventory method, changes the measurement principle for inventory
from the lower of cost or market to lower of cost and net
realizable value. The ASU also eliminates the requirement for these
entities to consider replacement cost or net realizable value less
an approximately normal profit margin when measuring
inventory.  This ASU is effective for public business entities
in fiscal years beginning after December 15, 2017.<font style="FONT-WEIGHT: bold; DISPLAY: inline">  </font>The adoption of ASU
2015-11 is not expected to have a significant impact on the
financial statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">FASB
ASU 2015-14 amends the effective dates of ASU 2014-09, <font style="FONT-STYLE: italic; DISPLAY: inline">Revenue from Contracts with
Customers</font>. The requirements are effective for annual periods
and interim periods within fiscal years beginning after December
15, 2017. Earlier application is permitted only as of annual
reporting periods beginning after December 15, 2016, including
interim reporting periods within that reporting period. <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline; BACKGROUND-COLOR: rgb(255,255,255)">The
adoption of ASU 2015-14 is not expected to have a significant
impact on the financial statements.</font></font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
September 2015, the FASB issued ASU 2015-16, which eliminates the
requirement for an acquirer to retrospectively adjust the financial
statements for measurement-period adjustments that occur in periods
after a business combination is consummated. The ASU is effective
for public business entities for annual periods, including interim
periods within those annual periods, beginning after December 15,
2015. The adoption of ASU 2015-14 is not expected to have a
significant impact on the financial statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
November 2015, the FASB issued ASU 2015-17, which requires entities
with a classified balance sheet to present all deferred tax assets
and liabilities as noncurrent. The ASU 2015-17 has been early
adopted in the financial statements presented.  The impact is
described in Note 13 to the financial statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">In
January 2016, the FASB issued ASU 2016-01, which will significantly
change the income statement impact of equity investments, and the
recognition of changes in fair value of financial liabilities when
the fair value option is elected.  The ASU is effective for
public business entities for interim and annual periods in fiscal
years beginning after December 15, 2017. The adoption of ASU
2016-01 is not expected to have a significant impact on the
financial statements.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
</div>
120000
-53000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">(m)           Short
term investments - available for sale</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
Company classifies short-term investments as available for sale in
accordance with the terms of FASB ASC 320, <font style="FONT-STYLE: italic; DISPLAY: inline">Investments – Debt and
Equity Securities</font>.  Realized gains and losses are
determined using specific identification.  The
investments are reported at fair value, with unrealized gains or
losses reported in a separate component of shareholders’
equity.  Any differences between the cost and fair value
of the investments are represented by accrued
interest.</font></div>
</div>
242000
41000
P5Y
10.49
113364
0.0158
P5Y
P8Y
9.50
27.13
773753
19.75
379992
0.30
259059
0.00
21000000
25.21
68.25
28.25
0.20
P8Y
44.43
92055
67.02
268870
P1Y5M23D
268870
389542
26.06
7000000
0.10
2013
2017
1.00
46.82
18518
68.82
P2Y5M27D
7990
259110
32.38
7990
300000
259059
86424
68.25
27.13
773753
19.75
27.32
773753
9.36
10.31
10.31
86424
259059
-1800000
0.06
0.50
12802000
0.06
21874000
0.413
0.483
0.104
0.31
P3Y10M6D
17.17
P1Y1M24D
22.26
P7Y5M16D
66.97
P4Y3M26D
22.30
P5Y5M19D
36.22
P2Y10M17D
20.16
P3Y9M29D
16.80
P5Y11M5D
37.90
P10M13D
18.98
P6Y7M10D
51.35
P6Y2M5D
47.03
P3Y2M1D
20.28
P7Y4M21D
66.47
P4Y10M10D
26.71
P6Y2M16D
48.67
P2Y4M21D
26.20
P2Y3M29D
29.45
P7Y2M19D
68.39
P1Y3M29D
15.84
P4Y1M21D
20.59
P6Y4M24D
40.83
P5Y4M2D
32.37
P4Y6M29D
23.66
P1M28D
35.33
P2Y2M5D
24.46
6198481
457900000
0.030
0.70
0.026
119000
402000
460000
159000
18000
The long-term expected return on corporate bonds and gilts (fixed interest and index linked) is determined by reference to bond yields and gilt yields at the balance sheet date.
0.040
0.30
P15Y
0.0030
6198481
276860
773753
52000
410000
239539000
457892000
889000
18000
33317000
20929000
1905000
8000
4617000
-54000
-35105000
-2693000
7342000
3574000
-410000
Due to changes of ownership in 2000, 2010 and 2014, as defined by Section 382 of the Internal Revenue Code of 1986, as amended.
15436000
45320000
650941000
4000
15256000
20106000
3580000
684000
2896000
Expire between 2016 and 2035
45320000
200000
0.0135
0.0135
0.020
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Funded status</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Projected
benefit obligation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$ </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,537</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Fair
value of plan assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,350</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Funded
status</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,187</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-current
other liabilities (note 8)</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,187</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following assumptions were used in determining the benefit
obligation at December 31, 2015:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Discount
rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.95</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rate
of compensation increase</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.0</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
pension costs of this plan are presented in the following tables in
accordance with the requirements of ASC 715-60, <font style="FONT-STYLE: italic; DISPLAY: inline">Defined Benefit Plans –
Other Postretirement</font>.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Change in benefit obligation</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefit
obligation at beginning of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,884</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Service
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">618</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Interest
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">159</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
loss</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">81</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
currency exchange rate changes</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,205</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Benefit obligation at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,537</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Change in plan assets</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Fair
value of plan assets at beginning of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,061</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
return on plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">93</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actual
return on plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,075</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">) </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Scheme
contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">194</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Plan
participants’ contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">216</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefits
paid</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,146</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
currency exchange rate changes</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Fair value of plan assets at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,350</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following annual benefit payments, which reflect expected future
service as appropriate, are expected to be paid.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="85%">
<tr>
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2016</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">166</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2017</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">169</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2018</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">171</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2019</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">182</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2020 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 182</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Years
2021 - 2025</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,205</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left"><br class="Apple-interchange-newline" />
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Service
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$ </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">402</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Interest
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">159</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="PADDING-BOTTOM: 2px" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
return on plan assets</font></div>
</td>
<td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(119</font></td>
<td style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Settlement
loss </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">18</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Net periodic benefit cost</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$ </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">460</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
93000
-1205000
216000
17000
81000
618000
-1075000
7000
1139000
1146000
159000
1075000
-81000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following assumptions were used at the commencement of the year in
determining the net periodic pension benefit cost for the year
ended December 31, 2015:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Discount
rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.35</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rate
of compensation increase</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
rate of return on plan assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.35</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Accumulated other comprehensive income</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
loss - benefit obligation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">81</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
(gain) – plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,075</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"> </td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Prior
service cost recognized in net periodic benefit
cost</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(17</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,139</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
expected long term rates of return on different asset classes are
as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br />
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Asset Category</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Equity
securities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Debt
securities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">75</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Real estate</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 12</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">% </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">100</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<p> </p>
</div>
194000
0.125
184643000
189035000
429631000
102000
30900000
22100000
21795000
21769000
26000
189035000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Plan Asset Fair Value Measurements</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Quoted Prices in Active Markets for Identical Assets</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Level 1</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31, 2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31, 2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="DISPLAY: inline">Cash</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">16</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; TEXT-DECORATION: underline; DISPLAY: inline">
<font style="DISPLAY: inline">Fixed Income
Securities</font></font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Legal
and General Active Corporate Bond – Over 10 Year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,256</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,560</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Legal
and General Gilt Funds</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,528</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,977</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Legal
and General Index Linked Gilt Funds</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10,580</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,856</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,367</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,409</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
0.027
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Amounts
recognized in accumulated other comprehensive income that have not
yet been recognized as components of net periodic benefit cost are
as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">December
31,</font></font>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom" width="64%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%" colspan="9">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
actuarial loss</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,281</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,113</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,988</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,281</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,113</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,988</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following annual benefit payments, which reflect expected future
service as appropriate, are expected to be paid.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="10%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2016</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">66</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2017</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">68</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2018</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">71</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2019</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">72</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2020 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 75</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Years
2021 - 2025</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">376</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
0.036
0.036
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Funded status</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Projected
benefit obligation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(27,369</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(32,875</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Fair
value of plan assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,367</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,409</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Funded
status</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(4,002</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(7,466</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-current
other liabilities (note 8)</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(4,002</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(7,466</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
</table>
</div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following assumptions were used in determining the benefit
obligation at December 31, 2015:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Discount
rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rate
of compensation increase</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.7</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.6</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
pension costs of this plan are presented in the following tables in
accordance with the requirements of ASC 715-60, <font style="FONT-STYLE: italic; DISPLAY: inline">Defined Benefit Plans –
Other Postretirement</font>. The plan has been closed to new
entrants with effect from July 1, 2003.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Change in benefit obligation</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefit
obligation at beginning of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32,875</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">24,958</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Service
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">78</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">91</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Interest
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,140</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,235</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Plan
participants’ contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">44</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Plan curtailments</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
-</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
359</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefits
paid</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,111</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(68</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
(gain)/loss</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,992</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,270</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
currency exchange rate changes</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,647</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,014</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Benefit obligation at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">27,369</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">32,875</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Change in plan assets</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: center" valign="bottom" colspan="6">
<div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Fair
value of plan assets at beginning of year</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,409</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21,422</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actual
return on plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">277</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,424</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Employer
contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">114</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">155</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Plan
participants’ contributions</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">44</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Benefits
paid</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,111</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(68</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Foreign
currency exchange rate changes</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,348</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,568</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Fair value of plan assets at end of year</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">23,367</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,409</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
Applying the above expected long term rates of return to the asset distribution at December 31, 2015, gives rise to an expected overall rate of return of scheme assets of approximately 3.0% per annum.
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
underlying asset split of the fund is shown below.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Asset Category</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Corporate
Bonds</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">26</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Gilts</font></font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
74</font></font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
74</font></font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">100</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">100</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
The expected cash flows are estimated figures based on the members expected to retire over the next 10 years assuming no early retirements plus an additional amount in respect of recent average withdrawal experience.
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">The
following amounts were recorded in the consolidated statement of
operations as components of the net periodic benefit
cost:</font></div>
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Service
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">78</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">91</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">251</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Interest
cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,140</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,235</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,005</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
return on plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(661</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,299</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(983</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Amortization
of net loss</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">224</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">130</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Curtailment
loss</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">359</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Net periodic benefit cost</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">781</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">406</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">403</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
661000
-1647000
26000
-224000
-3992000
78000
277000
-1348000
-3832000
1111000
781000
1140000
114000
100000
384000
3992000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following assumptions were used at the commencement of the year in
determining the net periodic pension benefit cost for the years
ended December 31, 2013, December 31, 2014 and December 31,
2015:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="11"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Discount
rate</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.7</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Rate
of compensation increase</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.4</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Expected
rate of return on plan assets</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.7</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6.1</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5.7</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Accumulated other comprehensive income</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="5" align="right">
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 December 31,</font></div>
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></font></div>
</td>
<td valign="bottom" colspan="2" align="right">
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 December 31,</font></div>
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></font></div>
</td>
<td valign="bottom" colspan="3" align="right">
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="10">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
(gain)/loss - benefit obligation</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,992</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">8,270</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">680</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
loss/(gain) – plan assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">384</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(4,125</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,933</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="64%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Actuarial
gain recognized in net periodic benefit cost</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(224</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(20</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(130</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="64%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,832</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,125</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,383</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
</table>
</div>
</div>
<p> </p>
</div>
P10Y
224000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
expected long term rates of return on different asset classes are
as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="95%">
<tr>
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Asset Category</font></div>
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Expected long-term return per annum</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Corporate
Bonds</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.0</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Gilts</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
2.6</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">%</font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
78771000
9015000
163919000
49000
1658000
4416000
5929000
13701000
235000
9015000
38166000
330487000
1151000
1916000
11055000
8007000
38166000
P5Y
P40Y
P5Y
P8Y
P2Y
P8Y
1167000
1167000
-339000
82000
P5Y
100000
221000
265000
350000
P2Y
2012-08-01
Expire between 2016 and 2022
14959000
18358000
-4100000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
proforma effect of the Aptiv Solutions acquisition if completed on
January 1, 2013 would have resulted in net revenue, net income and
earnings per share for the fiscal years ended December 31, 2013 and
December 31, 2014 as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,543,820</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,451,682</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
income</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">172,508</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">101,857</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Basic
earnings per share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.81</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.67</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Diluted
earnings per share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.73</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.64</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p><br class="Apple-interchange-newline" />
 </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following table summarizes the fair values of the assets acquired
and the liabilities assumed:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 40pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
May 7,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6,924</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Goodwill*</font></font></font></div>
</div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">125,627</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Customer
relationships</font></font></font></div>
</div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21,400</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Order
backlog</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">7,900</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
and cash equivalents</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,484</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accounts
receivable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">25,091</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Unbilled
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">21,154</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Prepayments
and other current assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4,180</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-current
assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,911</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accounts
payable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(9,565</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(29,782</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Payments
on account</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(31,094</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-current
other liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(11,303</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Loan
notes payable**</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(17,790</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
assets acquired</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">119,137</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div> </div>
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="top" width="47%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="top" width="39%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
consideration</font></div>
</td>
<td valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$143,500</font></div>
</td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Working
capital adjustment</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="2%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(1,964)</font></div>
</td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="top" width="47%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">141,536</font></div>
</td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Adjustments
to cash consideration**</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="2%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid" valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> (22,399)</font></div>
</td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
purchase consideration</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="top" width="39%" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$119,137</font></div>
</td>
</tr>
<tr bgcolor="white">
<td valign="top" width="47%" colspan="2">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></div>
</td>
<td valign="top" width="2%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="top" width="39%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">*Goodwill
represents the acquisition of an established workforce with
experience in clinical trial consulting and regulatory support for
the development of drugs, medical devices and diagnostics, with a
specific focus on strategy to increase efficiency and productivity
in product development.  Goodwill related to the US
portion of the business acquired is tax deductible.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">**Adjustments
to cash consideration represent certain one-time liabilities
(including loan notes) identified at the acquisition date which
have subsequently been paid.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
proforma effect of the clinical trial services division of Cross
Country Healthcare, Inc acquisition if completed on January 1, 2012
would have resulted in net revenue, net income and earnings per
share for the fiscal years ended December 31, 2012 and December 31,
2013 as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2012</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,343,996</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,182,734</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
income</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">103,133</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">58,944</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Basic
earnings per share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.69</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.98</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Diluted
earnings per share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1.66</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">0.98</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<br /></div>
<p> </p>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
following table summarizes the estimated fair values of the assets
acquired and the liabilities assumed:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
February 15,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2013</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">339</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Goodwill*</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">36,922</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Intangible
asset – customer relationships </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3,300</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Intangible asset – order backlog</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
600</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
and cash equivalents</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,039</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accounts
receivable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,200</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Unbilled
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,128</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Prepayments and other current assets</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
465</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-current
assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">6</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,285</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Non-current
other liabilities</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(16</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
assets acquired</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51,698</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
consideration</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51,897</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -23.6pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Working
capital adjustment</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(199</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
purchase consideration</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">51,698</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">*
Goodwill represents the acquisition of an established workforce
with experience in the clinical research industry, thereby allowing
the Company to enhance its capabilities in global resourcing and
FSP and also medical and safety services. Goodwill related to the
US portion of the business acquired is tax deductible.</font></div>
</div>
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
proforma effect of the MediMedia Pharma Solutions acquisition if
completed on January 1, 2015 would have resulted in net revenue,
net income and earnings per share for the fiscal years ended
December 31, 2015 and December 31, 2014 as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,581,816</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,556,936</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
income</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">239,361</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">179,289</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Basic
earnings per share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.07</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.92</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Diluted
earnings per share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">3.97</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.84</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
</div>
3.97
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">
 The following table summarizes the Company’s
provisional estimates of the fair values of the assets acquired and
liabilities assumed:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
February 27,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Property,
plant and equipment</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,049</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Goodwill* </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">92,084</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Customer
lists</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">22,752</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Order
backlog</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2,521</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accounts
receivable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">5,240</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Unbilled Revenue</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
4,324</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Prepayments
and other current assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">621</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accounts
payable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(749</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Payments on account</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
(4,186</font></font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Deferred
tax liability</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,171</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(5,483</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
assets acquired</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">116,002</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
consideration</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">108,717</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
liabilities assumed**</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">11,283</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Gross
cash outflows</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">120,000</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Working
capital adjustment</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(3,998</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
cash outflows</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">116,002</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%" align="center" border="0">
<tr valign="top">
<td style="WIDTH: 25pt">
<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">*</font></div>
</td>
<td>
<div align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Goodwill
represents the acquisition of an established workforce with
experience in the provision of strategic payer-validated market
access solutions while the acquisition of Complete Healthcare
Communications comprises an established workforce with significant
communication experience working with medical affairs, commercial
and brand development teams within the life science
industry.</font></div>
</td>
</tr>
</table>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%" align="center" border="0">
<tr valign="top">
<td style="WIDTH: 25pt">
<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">**</font></div>
</td>
<td>
<div align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">Payments
made at acquisition date of $11.3 million were in respect of
certain one-time liabilities at the acquisition date which have
subsequently been discharged.</font></div>
</td>
</tr>
</table>
</div>
</div>
4.07
239361000
1581816000
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
proforma effect of the PMG acquisition if completed on January 1,
2015 would have resulted in net revenue, net income and earnings
per share for the fiscal years ended December 31, 2015 and December
31, 2014 as follows:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"> </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px" align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%">
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
Year Ended</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 31,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="10%" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2014</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom" width="76%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" width="22%" colspan="6">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
revenue</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,601,891</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,527,685</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
income</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">243,004</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">172,390</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Basic
earnings per share</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.14</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.80</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Diluted
earnings per share</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">4.03</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">2.73</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<p> </p>
</div>
4.03
<div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">The
table following summarizes the Company’s provisional
estimates of the fair values of the assets acquired and liabilities
assumed:</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px">
 </div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
December 4,</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
2015</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr>
<td valign="bottom"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td valign="bottom" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
<td valign="bottom" colspan="2" align="right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
(in thousands)</font></div>
</td>
<td style="TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline">
 </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
$</font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">194</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Property, plant and equipment</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 712</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Goodwill*</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">41,039</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
Intangible asset**</font></font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">10,259</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accounts
receivable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">12,997</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Prepayments
and other current assets</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">1,329</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Accounts
payable</font></div>
</td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(530</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
liabilities</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(2,459</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"> </div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Net
assets acquired</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">63,541</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
<div> </div>
<div align="left">
<table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="100%">
<tr bgcolor="#CCEEFF">
<td valign="bottom" width="88%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Cash
consideration </font></td>
<td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">
 </font></td>
<td style="TEXT-ALIGN: right" valign="bottom" width="9%">
<font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> 53,681</font></td>
<td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="white">
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="88%">
<div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Other
liabilities assumed</font></div>
</td>
<td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">9,860</font></td>
<td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
<tr bgcolor="#CCEEFF">
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="88%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Total
cash outflows</font></div>
</td>
<td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">63,541</font></td>
<td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> </font></td>
</tr>
</table>
</div>
</div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">*Goodwill
represents the acquisition of an established workforce with
experience in clinical trial consulting and regulatory support for
the development of drugs, medical devices and diagnostics, with a
specific focus on strategy to increase efficiency and productivity
in product development.</font></div>
<div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; DISPLAY: inline">**The
Company has estimated a separate intangible asset (in respect of
customer lists acquired) of $10.3 million.  This
assessment is under review and will be finalized within 12 months
of the date of acquisition.</font></div>
</div>
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recorded within interest expense
Goodwill represents the acquisition of an established workforce with experience in the provision of strategic payer-validated market access solutions while the acquisition of Complete Healthcare Communications comprises an established workforce with significant communication experience working with medical affairs, commercial and brand development teams within the life science industry.
Payments made at acquisition date of $11.3 million were in respect of certain one-time liabilities at the acquisition date which have subsequently been discharged.
Adjustments to cash consideration represent certain one-time liabilities (including loan notes) identified at the acquisition date which have subsequently been paid.
Goodwill represents the acquisition of an established workforce with experience in the clinical research industry, thereby allowing the Company to enhance its capabilities in global resourcing and FSP and also medical and safety services. Goodwill related to the US portion of the business acquired is tax deductible.
Goodwill represents the acquisition of an established workforce with experience in clinical trial consulting and regulatory support for the development of drugs, medical devices and diagnostics, with a specific focus on strategy to increase efficiency and productivity in product development.
The Company has estimated a separate intangible asset (in respect of customer lists acquired) of $10.3 million. This assessment is under review and will be finalized within 12 months of the date of acquisition.
An amount of $764,000 was included within other liabilities in respect of the Company's Swiss pension plan at December 31, 2014. The total pension liability recorded at December 31, 2014 was $1,823,000.
Goodwill represents the acquisition of an established workforce with experience in clinical trial consulting and regulatory support for the development of drugs, medical devices and diagnostics, with a specific focus on strategy to increase efficiency and productivity in product development. Goodwill related to the US portion of the business acquired is tax deductible.