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Recent Accounting Pronouncements
9 Months Ended
Sep. 24, 2013
Recent Accounting Pronouncements  
Recent Accounting Pronouncements

(6)                                 Recent Accounting Pronouncements

 

ComprehensiveIncome

(AccountingStandards Update 2013-02, “ASU 2013-2”)

 

In February 2013, the FASB issued ASU 2013-2, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, that requires an organization to present the effects on the line items of net income of significant amounts reclassified out of AOCI, but only if the item reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period.  ASU 2013-02 was effective for fiscal years beginning after December 15, 2012 (our 2013 fiscal year).  The adoption of this new guidance had no impact on our consolidated financial position, results of operations or cash flows.