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The Company considers the applicability and impact of all ASUs. The Company, based on its assessment, determined that any recent ASUs not listed below are either not applicable to the Company or have minimal impact on our consolidated financial statements. </font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In December 2011, the FASB issued ASU No.&#160;2011-11, </font><font size="2"><i>Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities</i></font><font size="2">. The update requires entities to disclose information about offsetting and related arrangements of financial instruments and derivative instruments. ASU 2011-11 is effective for annual reporting periods beginning on or after January&#160;1, 2013, and interim periods within those annual periods. 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ASU 2011-08 was effective for annual and interim goodwill impairment tests performed for reporting periods beginning after December&#160;15, 2011. The Company adopted the provisions of ASU 2011-08 in January 2012 and there was no effect on the Company's financial position, results of operations or cash flows. </font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In April 2011, the FASB issued ASU No.&#160;2011-04 to ASC 820 which generally converged U.S.&#160;GAAP and International Financial Reporting Standards requirements for fair value measurements and related disclosures. This update became effective for interim and annual reporting periods beginning after December&#160;15, 2011. The adoption of this standard in January 2012 did not have an impact on the Company's consolidated financial statements, and there were no material impacts to the Company's financial statement disclosures. </font></p> <p style="FONT-FAMILY: times"><font size="2"><b><i>Proposed Accounting Pronouncements </i></b></font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In June 2010, the FASB issued an exposure draft, </font><font size="2"><i>Revenue from Contracts with Customers</i></font><font size="2">, which would supersede most of the existing guidance on revenue recognition in Accounting Standards Codification ("ASC") Topic 605, </font><font size="2"><i>Revenue Recognition</i></font><font size="2">. In November 2011, the FASB re-exposed the draft and the comment period ended in March 2012. As the standard-setting process is still ongoing, the Company is unable to determine the impact this proposed change in accounting will have to our consolidated financial statements at this time. </font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In August 2010, the FASB issued an exposure draft, </font><font size="2"><i>Leases</i></font><font size="2">, which would result in significant changes to the accounting requirements for both lessees and lessors in ASC Topic 840, </font><font size="2"><i>Leases</i></font><font size="2">. In July 2011, the FASB announced its intention to re-expose the draft which is currently scheduled to re-expose in the first half of 2012. As the standard-setting process is still ongoing, the Company is unable to determine the impact this proposed change in accounting will have in the Company's consolidated financial statements at this time. </font></p></td></tr></table></td></tr></table> 155329000 53873000 1542000 13253000 9942000 3335000 241024000 120547000 46599000 10785000 1978000 80853000 28750000 38203000 2064000 28013000 19354000 1144000 198381000 203000 150481000 71868000 240228000 214125000 15918000 84000 127000 182000 -27000 10019000 3809000 0.30 0.29 5700000 34000 28418000 10179000 -180000 -590000 6177000 3805000 -647000 1428000 -12008000 13794000 140000 8330000 11000 34000 20000 108000 348000 694000