COST Financial_Report

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Unformatted text preview: gt;<spa n></spa n></td> < /tr> < tr cla ss=3Dre> < td cla ss=3Dpl va lign=3Dtop>Fisca l Yea r End</td> < td cla ss=3Dtext><div> <p style=3D'MARGIN-TOP: 18px <p style=3D'PADDING-BOTTOM: 0px Compa ny opera tes on a 52/53-week fisca l yea r ba sis with the fisca l yea r ending on the Sunda y closest to August&#xA0 2012 rela te to the 53-week fisca l yea r ended September&#xA0 2012, with the 53</font><font style=3D'FONT-FAMILY: ARIAL' siz e=3D1><sup style=3D'POSITION: rela tive <font style=3D'FONT-FAMILY: ARIAL' siz e=3D2>week fa lling in the fourth fisca l qua rter. References to 2011 a nd 2010 rela te to the 52-week fisca l yea rs ended August&#xA0 2010, respectively.</font></p> </div><spa n></spa n></td> < /tr> < tr cla ss=3Dro> < td cla ss=3Dpl va lign=3Dtop>Use of Estima tes</td> < td cla ss=3Dtext><div> <p style=3D'MARGIN-TOP: 18px <p style=3D'MARGIN-TOP: 6 px <font style=3D'FONT-FAMILY: ARIAL' siz e=3D2>The prepa ra tion of fina ncia l sta tements in conformity with U.S. genera lly a ccepted a ccounting principles (GAAP) requires ma na gement to ma ke estima tes a nd a ssumptions tha t a ffect the reported a mounts of a ssets a nd lia bilities a nd the disclosure of contingent a ssets a nd lia bilities a t the da te of the fina ncia l sta tements, a nd the reported a mounts of revenues a nd expenses during the reporting period. Actua l results could differ from those estima tes a nd a ssumptions.</font></p> </div><spa n></spa n></td> < /tr> < tr cla ss=3Dre> < td cla ss=3Dpl va lign=3Dtop>Recla ssifica tions</td> < td cla ss=3Dtext><div> <p style=3D'MARGIN-TOP: 18px <p style=3D'MARGIN-TOP: 6 px <font style=3D'FONT-FAMILY: ARIAL' siz e=3D2>Certa in recla ssifica tions ha ve been ma de to prior fisca l yea r a mounts or ba la nces to conform to the presenta tion in the current fisca l yea r. These recla ssifica tions did not ha ve a ma teria l impa ct on the Compa ny&#x2019 sta tements.</font></p> </div><spa n></spa n></td> < /tr> < tr cla ss=3Dro> < td cla ss=3Dpl va lign=3Dtop>Ca sh a nd Ca sh Equiva lents</td> < td cla ss=3Dtext><div> <p style=3D'MARGIN-TOP: 18px Equiva lents</i></font></p> <p style=3D'MARGIN-TOP: 6 px <font style=3D'FONT-FAMILY: ARIAL' siz e=3D2>The Compa ny considers a s ca sh a nd ca sh equiva lents a ll highly liquid investments with a ma turity of three months or less a t the da te of purcha se a nd proceeds due from credit a nd debit ca rd tra nsa ctions with settlement terms of up to one week. Credit a nd debit ca rd receiva bles were $1,16 1 a nd $9 82 a t the end of 2012 a nd 2011, respectively.</font></p> </div><spa n></spa n></td> < /tr> < tr cla ss=3Dre> < td cla ss=3Dpl va lign=3Dtop>Short-Term Investments</td> < td cla ss=3Dtext><div> <p style=3D'MARGIN-TOP: 18px Investments</i></font></p> <p style=3D'MARGIN-TOP: 6 px <font style=3D'FONT-FAMILY: ARIAL' siz e=3D2>In genera l, short-term investments ha ve a ma turity a t the da te of purcha se of three months to five y...
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This document was uploaded on 04/07/2014.

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