Paragraph superseded on 07/01/2010 after the end of the transition period stated in EITF Issue No. 07-4, \"Application of the Two-Class Method under FASB Statement No. 128 to Master Limited Partnerships.\"
Paragraph superseded on 07/01/2010 after the end of the transition period stated in FSP EITF 03-6-1.
Paragraph superseded on 07/05/2017 after the end of the transition period stated in Accounting Standards Update No. 2015-06, Earnings Per Share (Topic 260): Effects on Historical Earnings per Unit of Master Limited Partnership Dropdown Transactions.
Paragraph superseded on 06/30/2025 after the end of the transition period stated in Accounting Standards Update No. 2017-11, Earnings Per Share (Topic 260) and Derivatives and Hedging (Topic 815): Part I, Accounting for Certain Financial Instruments with Down Round Features.
The following represents the transition and effective date information related to the Topic 260 amendments in Accounting Standards Update No. 2025-12, Codification Improvements:Effective date and early adoption
- a
For all entities, the pending content that links to this paragraph shall be effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods within those annual reporting periods.
- b
Early adoption of the pending content that links to this paragraph is permitted.
Transition method
- c
In the period of adoption, an entity shall apply the pending content that links to this paragraph retrospectively to each prior reporting period presented. When an adjustment affects both the numerator and denominator in a prior period, an entity shall recast the diluted per-share computation when the adjustment has a dilutive effect on the computation but shall not recast when the adjustment has an antidilutive effect.
Transition disclosures
- d
An entity applying the pending content that links to this paragraph shall provide the transition disclosures required by paragraph 250-10-50-1(a) through (b)(1), (b)(2) for any prior periods recast, and (b)(3) through (b)(4), in both the interim reporting period (if applicable) and the annual reporting period of the change.