On May 28, 2014, the FASB issued Accounting Standards Update No. 2014-09,
Revenue from Contracts with Customers (Topic 606). For public business entities,
certain not-for-profit entities, and certain employee benefit plans, the effective date
was for annual reporting periods beginning after December 15, 2016, including
interim periods within that reporting period. The effective date for all other entities
was for annual reporting periods beginning after December 15, 2017, and interim
periods within annual periods beginning after December 15, 2018.

 



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