How am I paid for my royalties?

Royalties are calculated each calendar quarter, and payments are processed per the following schedule: first quarter (for sales January through March) payment by 31 May, second quarter (for sales April through June) payment by 31 August, third quarter (for sales July through September) payment by 30 November, and fourth quarter (for sales October through December) payment by 28 February of the subsequent year. The timing of actual receipt of the payment by the author may occur after these issuance dates, due to a variety of factors including, but not limited to, transit time in the mail.

If your quarterly determination of royalties in any calendar year exceeds seventy-five USD ($75), the payment shall be issued according to the schedule above. If the quarterly royalties due are equal to or less than seventy-five USD ($75), the quarterly royalty amount will be carried forward and added to the subsequent quarterly royalty amount due (cumulative author royalties). Until the cumulative author royalties exceed seventy-five USD ($75), each quarterly author royalties will be carried forward and added to the cumulative author royalties. Cumulative author royalties at the end of a calendar year will be issued by 28 February.