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Recent Accounting Pronouncements
9 Months Ended
Sep. 30, 2012
Accounting Changes and Error Corrections [Abstract]  
Recent Accounting Pronouncements

Note 18 — Recent Accounting Pronouncements

 

In December 2011, the FASB issued new guidance which requires enhanced disclosures on offsetting amounts within the balance sheet, including disclosing gross and net information about instruments and transactions eligible for offset or subject to a master netting or similar agreement. The guidance is effective for the company beginning January 1, 2013 and is to be applied retrospectively. The adoption of this guidance, which is related to disclosure only, will not have an impact on the company’s consolidated financial position, results of operations or cash flows. There are no other recent accounting pronouncements that are expected to have a material impact on the condensed consolidated financial statements.