The two tables that follow reflect the unaudited quarterly results of operations for 2013 and 2012.



	52 Weeks Ended September 1, 2013
	First Quarter (12 Weeks)			Second Quarter (12 Weeks)				Third Quarter (12 Weeks)			Fourth Quarter (16 Weeks)			Total (52 Weeks)
REVENUE
Net sales	$	23,204		$	24,343			$	23,552		$	31,771		$	102,870
Membership fees	511			528				531			716			2,286
Total revenue	23,715			24,871				24,083			32,487			105,156
OPERATING EXPENSES
Merchandise costs	20,726			21,766				21,038			28,418			91,948
Selling, general and administrative	2,332			2,361				2,313			3,098			10,104
Preopening expenses	18			6				10			17			51
Operating income	639			738				722			954			3,053
OTHER INCOME (EXPENSE)
Interest expense	(13		)	(25		)		(25		)	(36		)	(99		)
Interest income and other, net	20			26				15			36			97
INCOME BEFORE INCOME TAXES	646			739				712			954			3,051
Provision for income taxes	225			185			⁽¹⁾	248			332			990
Net income including noncontrolling interests	421			554				464			622			2,061
Net income attributable to noncontrolling interests	(5		)	(7		)		(5		)	(5		)	(22		)
NET INCOME ATTRIBUTABLE TO COSTCO	$	416		$	547			$	459		$	617		$	2,039
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:
Basic	$	0.96		$	1.26			$	1.05		$	1.41		$	4.68
Diluted	$	0.95		$	1.24			$	1.04		$	1.40		$	4.63
Shares used in calculation (000’s)
Basic	433,423			435,975				436,488			436,752			435,741
Diluted	438,643			439,812				440,780			441,907			440,512
CASH DIVIDENDS DECLARED PER COMMON SHARE	$	0.275		$	7.275		⁽²⁾	$	0.31		$	0.31		$	8.17

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(1)	Includes a $62 tax benefit recorded in the second quarter in connection with the special cash dividend paid to employees through the Company's 401(k) Retirement Plan.


(2)	Includes the special cash dividend of $7.00 per share paid in December 2012.

Note 13—Quarterly Financial Data (Unaudited) (Continued)



	53 Weeks Ended September 2, 2012
	First Quarter (12 Weeks)				Second Quarter (12 Weeks)			Third Quarter (12 Weeks)				Fourth Quarter (17 Weeks)					Total (53 Weeks)
REVENUE
Net sales	$	21,181			$	22,508		$	21,849			$	31,524				$	97,062
Membership fees	447				459			475				694					2,075
Total revenue	21,628				22,967			22,324				32,218					99,137
OPERATING EXPENSES
Merchandise costs	18,931				20,139			19,543				28,210					86,823
Selling, general and administrative	2,144			⁽¹⁾	2,178			2,152				3,044					9,518
Preopening expenses	10				6			6				15					37
Operating income	543				644			623				949					2,759
OTHER INCOME (EXPENSE)
Interest expense	(27		)		(27		)	(19		)		(22		)			(95		)
Interest income and other, net	37				10			18				38					103
INCOME BEFORE INCOME TAXES	553				627			622				965					2,767
Provision for income taxes	225			⁽²⁾	215			217				343					1,000
Net income including noncontrolling interests	328				412			405				622					1,767
Net income attributable to noncontrolling interests	(8		)		(18		)	(19		)		(13		)			(58		)
NET INCOME ATTRIBUTABLE TO COSTCO	$	320			$	394		$	386			$	609				$	1,709
NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO:
Basic	$	0.74			$	0.91		$	0.89			$	1.41				$	3.94
Diluted	$	0.73			$	0.90		$	0.88			$	1.39				$	3.89
Shares used in calculation (000’s)
Basic	434,222				434,535			433,791				432,437					433,620
Diluted	440,615				439,468			439,166				438,344					439,373
CASH DIVIDENDS DECLARED PER COMMON SHARE	$	0.24			$	0.24		$	0.00		⁽³⁾	$	0.55		⁽⁴	⁾	$	1.03

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(1)	Includes a $17 charge to selling, general and administrative for contributions to an initiative reforming alcohol beverage laws in Washington State.


(2)	Includes a $24 charge relating to the settlement of an income tax audit in Mexico.


(3)	On May 9, 2012, subsequent to the end of the third quarter of 2012, the Board of Directors declared a quarterly cash dividend of $0.275 per share.


(4)	The quarterly dividend rate was $0.275 per share.