5.8 Recasting of Entity-Wide Disclosures

ASC 280 does not provide guidance on whether recasting of prior-period entity-wide disclosures is necessary when there is a change in the segments in the current year, as compared with those provided in prior periods. We believe that an underlying principle in ASC 280 is to reflect segment information on a comparable basis and, therefore, we believe that it is appropriate to recast prior periods to conform with current-period disclosures.