PLANAR SYSTEMS INC | 2013 | FY | 3


Funding from research and development contracts and tax credits are recognized as reductions in operating expenses during the period in which the services are performed and related direct expenses are incurred, as follows:

 

             2013                     2012                     2011          

Research and development expense

   $ 7,850      $ 11,361      $ 11,827   

Contract funding and refundable research and development tax credits

     (873     (769     (1,079
  

 

 

   

 

 

   

 

 

 

Net research and development

   $ 6,977      $ 10,592      $ 10,748   
  

 

 

   

 

 

   

 

 

 

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