XML 41 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
NEW ACCOUNTING PRONOUNCEMENTS - Note 10
9 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
NEW ACCOUNTING PRONOUNCEMENTS - Note 10

10. NEW ACCOUNTING PRONOUNCEMENTS

In July 2012, the Financial Accounting Standards Board ("FASB") issued guidance that will allow an entity to first assess qualitative factors to determine whether it is necessary to perform a quantitative impairment test for indefinite-lived intangible assets. Under this guidance, an entity would not be required to calculate the fair value of an indefinite-lived intangible asset unless the entity determines, based on qualitative assessment, that it is not more likely than not, the indefinite-lived intangible asset is impaired. This guidance is effective for impairment tests performed for fiscal years beginning after September 15, 2012, with early adoption permitted. We do not expect the implementation of this guidance will have a material impact on our financial statements.