Quarterly Information (Unaudited)

12 Months Ended

May 31, 2013

Note 15: Quarterly Information (Unaudited)

Summarized quarterly financial data for fiscal 2013 and 2012 was as follows:


	Total		Gross		Income Before		Net		Earnings per share
	Revenues		Profit		Taxes		Income		Basic		Diluted
Fiscal Year 2013
First Quarter	$	58,501	$	22,022	$	8,391	$	5,086	$	0.21	$	0.21
Second Quarter		65,192		24,388		10,457		6,239		0.26		0.26
Third Quarter		64,672		22,160		8,437		5,037		0.21		0.21
Fourth Quarter		60,366		24,684		9,828		6,392		0.27		0.26

Annual totals	$	248,731	$	93,254	$	37,113	$	22,754	$	0.94	$	0.94

Fiscal Year 2012
First Quarter	$	58,650	$	21,740	$	11,913	$	8,505	$	0.35	$	0.35
Second Quarter		61,643		22,588		9,735		6,019		0.25		0.25
Third Quarter		60,079		20,883		8,023		4,995		0.21		0.21
Fourth Quarter		68,182		24,125		10,334		6,253		0.26		0.26

Annual totals	$	248,554	$	89,336	$	40,005	$	25,772	$	1.07	$	1.07

We have reclassified certain expenses previously included in selling, general and administrative expenses to costs of rentals and leases, excluding depreciation, in our consolidated statements of operations, thereby reducing gross profit by $2,773, $2,780, $2,680 and $2,478 for the first, second, third and fourth quarter of fiscal 2012, to conform to the current year presentation.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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