attributable to the business combination included in the reported pro forma revenue and earnings. ASU 2010-29 is effective pro- spectively for business combinations for which the acquisition date Is on or after the beginning of the first annual reporting period beginning on or after December 15, 2010. The Company has determined the impact of adopting ASU 2010-29 on its financial position, results of operations and cash flows to be immaterial. In December 2010, the Task Force issued ASU No. 2010-28, “Intangibles — Goodwill and Other (Topic 350): When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units with Zero or Negative Carrying Amounts (A consensus of the FASB Emerging Issues Task Force).” The Task Force reached a consen- sus that modifies Step 1 of the goodwill impairment test for reporting units with zero or negative carrying amounts. For those reporting units, an entity is required to perform Step 2 of the goodwill impairment test if it is more likely than not that a goodwill impairment exists. ASU 2010-28 is effective for public entities for fiscal years and interim periods within those years, beginning after December 15, 2010. The Company has determined the impact of adopting ASU 2010-28 on its financial position, results of oper- ations and cash flows to be immaterial. In August 2010, the Task Force issued ASU No. 2010-22, “Accounting for Various Topics — Technical Corrections to SEC Paragraphs .” This ASU is based upon external comments received from the staff of the SEC and the issuance of Staff Accounting Bulletin No. 112, which amends or rescinds portions of certain SAB topics. ASU 2010-22 is effective immediately. The Company has determined the impact of adopting ASU 2010-22 on its financial position, results of operations and cash flows to be immaterial. In August 2010, the Task Force issued ASU No. 2010-21, “Accounting for Technical Amendments to Various SEC Rules and Schedules .” This ASU amends various SEC paragraphs pur- suant to the issuance of Release No. 33-9026: Technical Amend- ments to Rules, Forms, Schedules and Codification of Financial Reporting Policies. ASU 2010-21 is effective immediately. The Company has determined the impact of adopting ASU 2010-21 on its financial position, results of operations and cash flows to be immaterial. In April 2010, the Task Force issued ASU No. 2010-17, “ Revenue Recognition (Topic 605): Milestone Method of Revenue Recogni- tion (A consensus of the FASB Emerging Issues Task Force).” The Task Force reached a consensus on the criteria that should be met for determining whether the milestone method of revenue rec- ognition is appropriate. ASU 2010-17 will be effective on a pro- spective basis for milestones achieved in fiscal years, and interim periods within those fiscal years, beginning on or after June 15, 2010, with early adoption permitted. The Company has 14 In October 2009, the FASB issued ASU 2009-14, “Certain Reve- nue Arrangements that Include Software Elements,” an update to ASC 985-605, “Software-Revenue Recognition,” and formerly known as EITF 09-3, “Revenue Arrangements that Include Soft- ware Elements.” ASU 2009-14 amends ASC Subtopic 985-605 to exclude from its scope tangible products that contain both soft- ware and non-software components that function together to deliver a product’s essential functionality. ASU 2009-14 will be effective prospectively for revenue arrangements entered into or materially modified in fiscal years beginning on or after June 15, 2010. Early adoption is permitted. The Company has determined the impact of adopting ASU 2009-14 on its financial position, results of operations and cash flows to be immaterial. In January 2010, the FASB issued ASU 2010-06, “ Fair Value Measurements and Disclosures (Topic 820): Improving Disclo- sures about Fair Value Measurements ,” which adds new require- ments for disclosures about transfers into and out of Levels 1 and 2 and separate disclosures about purchases, sales, issuances and settlements relating to Level 3 measurements. ASU 2010-06 is effective for the first reporting period (including interim periods) beginning after December 15, 2010. The Company does not expect the impact of adopting ASU 2010-06 on its financial position, results of operations and cash flows to be material. In February 2010, the Financial Accounting Standards Board (FASB) issued ASU 2010-08, “Technical Corrections to Various Topics,” which eliminates inconsistencies and outdated provi- sions and provides clarifications within current Accounting Stan- dards Codification. ASU 2010-08 is effective for the first reporting period (including interim periods) beginning after issuance. The Company does not expect the impact of adopting ASU 2010-08 on its financial position, results of operations and cash flows to be material. In April 2010, the Task Force issued ASU No. 2010-13, “ Com- pensation — Stock Compensation (Topic 718): Effect of Denom- inating the Exercise Price of a Share-Based Payment Award in the Currency of the Market in Which the Underlying Equity Security Trades (A consensus of the FASB Emerging Issues Task Force).” The Task Force reached a consensus that an employee share- based payment with an exercise price denominated in the cur- rency of a market in which a substantial portion of the entity’s equity securities trade should be considered an equity classified award assuming all other criteria for equity classification are met. ASU 2010-13 will be effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2010, with early adoption permitted. The Company has deter- mined the impact of adopting ASU 2010-13 on its financial posi- tion, results of operations and cash flows to be immaterial. determined the impact of adopting ASU 2010-17 on its financial position, results of operations and cash flows to be immaterial.