Accounting Guidance Not Yet Adopted
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3 Months Ended |
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May 31, 2012
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Accounting Changes and Error Corrections [Abstract] | |
ACCOUNTING GUIDANCE NOT YET ADOPTED |
ACCOUNTING GUIDANCE NOT YET ADOPTED:
Disclosures about offsetting assets and liabilities –
In December 2011, the FASB issued amended guidance creating new disclosure requirements about the nature of an entity's rights of setoff and related arrangements associated with its financial instruments and derivative instruments. The Company is required to adopt this amended guidance for its annual and interim periods beginning March 1, 2013. In addition, this amended guidance requires retrospective application. The Company does not expect the adoption of this amended guidance to have a material impact on the Company's consolidated financial statements.
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- Details
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- Definition
The entire disclosure for a new accounting pronouncement that has been issued but not yet adopted. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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