What device are you on? What's your resolution? Are you zooming in with your browser (not at default zoom value)?
Kinda hard to resolve an issue without proper information. If someone reported this long ago, it could've been forgotten about since I haven't had this issue whatsoever at 1600x900 resolution. However, when I zoom in with my browser at 120% the search button does indeed overlap the logout text. Not sure what's so "depressing" about it. Sites have issues, no site is perfect.
Just a way of discussing it, wasn't degrading the overall site because of the search button.
Also I believe its the resolution of the screen. As some of my computers have it, some don't.