The SEC recently adopted Inline eXtensible Business Reporting Language (XBRL) rules for operating companies and funds, which are intended to improve the quality and accessibility of XBRL data. While more detail about the rules and the related phase-in period can be found here, our readers that prepare Form 10-Qs should know that the rules also updated the cover pages for certain forms, including Forms 10-Q and 10-K. The cover page update will be effective 30 days after the publication of the rules in the Federal Register (likely any day now). As a result, we expect many public companies will include these updates in their upcoming second quarter 10-Q.
For your reference, here is a link to a redline that reflects the 10-Q changes. (The 10-K was similar.)