The Company's fiscal year ends on the Saturday closest to May 31. Fiscal years generally include 52 weeks of operations. However, an extra week of operations is required in the Company's reporting calendar approximately every six years in order to realign the fiscal calendar-end dates with the actual calendar months.
The Company's quarterly reporting periods for fiscal years 2012, 2013, and 2014 are as follows:
1st Quarter Fiscal 2012: September 3, 2011
2nd Quarter Fiscal 2012: December 3, 2011
3rd Quarter Fiscal 2012: March 3, 2012
4th Quarter Fiscal 2012: June 2, 2012
1st Quarter Fiscal 2013: September 1, 2012
2nd Quarter Fiscal 2013: November 1, 2012
3rd Quarter Fiscal 2013: February 2, 2013
4th Quarter Fiscal 2013: June 1, 2013
1st Quarter Fiscal 2014: August 31, 2013
2nd Quarter Fiscal 2014: November 30, 2013
3rd Quarter Fiscal 2014: March 1, 2014
4th Quarter Fiscal 2014: May 31, 2014