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EXCEL - IDEA: XBRL DOCUMENT - Medical Information Technology, Inc.Financial_Report.xls
10-K - 2012 ANNUAL REPORT - Medical Information Technology, Inc.tenk.htm
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EX-32 - SECTION 1350 CERTIFICATIONS - Medical Information Technology, Inc.ex32.htm
EX-21 - SUBSIDIARIES OF THE COMPANY - Medical Information Technology, Inc.ex21.htm
EX-23 - CONSENT OF ERNST & YOUNG LLP - Medical Information Technology, Inc.ex23.htm
EX-31 - RULE 13A-14(A) CERTIFICATIONS - Medical Information Technology, Inc.ex31.htm
v2.4.0.6
Qualified Profit Sharing Plan: (Tables)
12 Months Ended
Dec. 31, 2012
Qualified Profit Sharing Plan:
Note 16. Qualified Profit Sharing Plan:

MEDITECH has no obligation for post-employment or post-retirement benefits. MEDITECH maintains a qualified profit sharing plan which provides deferred compensation to substantially all of its staff members. Contributions to the plan are at the discretion of the Board of Directors and may be in the form of cash and shares of MEDITECH stock. The components of year-end contributions for the three years ended December 31 are as follows:

 201020112012
 


Cash$4,200,000$5,840,000$5,400,000
120,000 shares at $40 per share4,800,000  
120,000 shares at $43 per share 5,160,000 
150,000 shares at $45 per share  6,750,000
 


 $9,000,000$11,000,000$12,150,000