Recent Accounting Pronouncements (Policies)

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

New accounting pronouncements

Recent Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update No. 2014-09 Revenue from Contracts with Customers (Topic 606). This guidance converges the criteria for reporting revenue, as well as requiring disclosures sufficient to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. This update is effective for fiscal years beginning after December 15, 2016, which is our first quarter of fiscal year 2017. We have not yet determined the impact from adoption on the consolidated financial statements and disclosures.