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New Accounting Guidance Recently Adopted - Comprehensive Income
3 Months Ended
Mar. 31, 2012
New Accounting Guidance Recently Adopted - Comprehensive Income  
New Accounting Guidance Recently Adopted - Comprehensive Income

 

 

Note 11.  New Accounting Guidance Recently Adopted — Comprehensive Income

 

Effective January 1, 2012 the Company adopted Accounting Standards Update, or ASU, No. 2011-05, Comprehensive Income (Topic 220).  This newly issued accounting standard requires the Company to report comprehensive income either in a single continuous statement or in two separate but consecutive financial statements.  As this update only required enhanced disclosure, the adoption of this update did not impact our financial position or results of operations.