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Recently Issued Accounting Literature
9 Months Ended
Sep. 30, 2011
Recently Issued Accounting Literature 
Recently Issued Accounting Literature

3. Recently Issued Accounting Literature

 

In June 2011, the Financial Accounting Standards Board (“FASB”) issued an update to Accounting Standards Codification (“ASC”) 220, Comprehensive Income, which requires, among other things, presentation of the components of net income and other comprehensive income in one continuous statement or in two separate but consecutive statements. This update is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2011. We believe that the adoption of this guidance on January 1, 2012 will not have a material effect on our consolidated financial statements.