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,