Legal Proceedings
−Removed: We are a party to, and certain of our property is the subject of, various pending claims and legal proceedings that routinely arise in the ordinary course of our business.
−Removed: We accrue for losses when the loss is deemed probable and the liability can reasonably be estimated.
−Removed: Where a liability is probable and there is a range of estimated loss with no best estimate in the range, we record the minimum estimated liability related to the claim.
−Removed: As additional information becomes available, we assess the potential liability related to the pending litigation and revise our estimates.
−Removed: In the normal course of business, we may provide certain indemnifications and/or other commitments of varying scope to a) our licensors, customers and certain other parties, including against third-party claims of intellectual property infringement, and b) our officers, directors and employees, including against third-party claims regarding the periods in which they serve in such capacities with us.
−Removed: The duration and amount of such obligations is, in certain cases, indefinite.
−Removed: Our director’s and officer’s liability insurance policy may, however, enable us to recover a portion of any future payments related to our officer, director or employee indemnifications.
−Removed: For the past five years, costs related to director and officer indemnifications have not been significant.
−Removed: Other than certain liabilities recorded in the normal course of business related to royalty payments due to our licensors, no liabilities have been recorded for indemnifications and/or other commitments.
+Added: We are a party to, and certain of our property is the
+Added: subject of, various pending claims and legal proceedings that routinely arise in the ordinary course of our business.
+Added: We accrue for losses
+Added: when the loss is deemed probable and the liability can reasonably be estimated.
+Added: Where a liability is probable and there is a range of
+Added: estimated loss with no best estimate in the range, we record the minimum estimated liability related to the claim.
+Added: As additional information
+Added: becomes available, we assess the potential liability related to the pending litigation and revise our estimates.
+Added: In the normal course of business, we may provide certain
+Added: indemnifications and/or other commitments of varying scope to a) our licensors, customers and certain other parties, including against
+Added: third-party claims of intellectual property infringement, and b) our officers, directors and employees, including against third-party
+Added: claims regarding the periods in which they serve in such capacities with us.
+Added: The duration and amount of such obligations is, in certain
+Added: cases, indefinite.
+Added: Our director’s and officer’s liability insurance policy may, however, enable us to recover a portion of
+Added: any future payments related to our officer, director or employee indemnifications.
+Added: For the past five years, costs related to director
+Added: and officer indemnifications have not been significant.
+Added: Other than certain liabilities recorded in the normal course of business related
+Added: to royalty payments due to our licensors, no liabilities have been recorded for indemnifications and/or other commitments.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.