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This excerpt taken from the ATVI 10-Q filed Feb 8, 2005. Share-Based
Payment (SFAS No. 123R).
SFAS No. 123R requires that a public entity measure the cost of equity
based service awards based on the grant date fair value of the award (with
limited exceptions). That cost will be recognized over the period during which
an employee is required to provide service in exchange for the award or the
requisite service period. SFAS No. 123R
is effective as of the beginning of the first interim or annual reporting
period that begins after June 15, 2005.
We are currently assessing the impact SFAS No. 123R will have on our
financial position and results of operations.
On November 24, 2004, the FASB issued Statement No. 151, |
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