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There are several time zones depending on where in the world a user lives.
On US-systems this date would be viewed as the 11th day of month 23 of the year 2003 which is FALSE and thus returns nothing.
Changing the timezone within the created object also has an effect to the date itself.
Date functions allow you to manipulate dates in your data source.
If the orginal date is '5/3/2011', then the calculation would return '4/1/2011' to indicate that Q2 started on April 1, four months into the year.
See the Create a date calculation section below for an example.