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| TRNX > SEC Filings for TRNX > Form 8-K on 17-Oct-2012 | All Recent SEC Filings |
17-Oct-2012
Other Events, Financial Statements and Exhibits
Tornier N.V. is filing this current report on Form 8-K to reflect the retrospective adoption of a new accounting pronouncement with respect to the financial information contained in Tornier's annual report on Form 10-K for the fiscal year ended January 1, 2012. As previously disclosed in Tornier's quarterly report on Form 10-Q for the quarter ended April 1, 2012, as filed with the United States Securities and Exchange Commission on May 14, 2012, Tornier adopted Accounting Standard Update (ASU) No. 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income, which requires presentation of the components of net income and other comprehensive income either as one continuous statement or as two consecutive statements and eliminates the option to present components of other comprehensive income as part of the statement of changes in stockholders' equity. The standard does not change the items that must be reported in other comprehensive income, how such items are measured or when they must be reclassified to net income.
Exhibit 99.1 to this report presents the retrospective application of ASU 2011-05, as revised by ASU No. 2011-12, Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05, for the fiscal years ended January 1, 2012, January 2, 2011 and December 27, 2009, and should be read in conjunction with the information in Tornier's annual report on Form 10-K for the fiscal year ended January 1, 2012.
(d) Exhibits.
Exhibit
No. Description
99.1 Unaudited Consolidated Statements of Comprehensive Loss for Tornier
N.V. for fiscal years ended January 1, 2012, January 2, 2011 and
December 27, 2009
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