XML 27 R15.htm IDEA: XBRL DOCUMENT v3.5.0.1
RECENTLY ADOPTED ACCOUNTING STANDARDS
4 Months Ended
May 21, 2016
RECENTLY ADOPTED ACCOUNTING STANDARDS  
RECENTLY ADOPTED ACCOUNTING STANDARDS

 

6.RECENTLY  ADOPTED  ACCOUNTING  STANDARDS

 

In September 2015, the Financial Accounting Standards Board (“FASB”) amended Accounting Standards Codification 805, “Business Combinations.” The amendment eliminates the requirement to retrospectively account for adjustments made to provisional amounts recognized in a business combination. This amendment became effective for the Company beginning January 31, 2016, and was adopted prospectively in accordance with the standard. The adoption of this amendment did not have an effect on the Company’s Consolidated Balance Sheets or Consolidated Statements of Operations.