AngularJS Example:

HTML

<div ng-app>
  <h2>Todo</h2>
  <div ng-controller="QuarterController">
    <select name="quarter" ng-model="Quarter" ng-options="obj.value as obj.text for obj in [{'value': 1,'text' : 'Q1'},{'value':2,'text':'Q2'},{'value':3,'text':'Q3'},{'value':4,'text':'Q4'}]">
    
    </select>
  </div>
</div>

CSS

</style> <!-- Ugly Hack due to jsFiddle issue: http://goo.gl/BUfGZ --> 
<link rel="stylesheet" href="http://twitter.github.com/bootstrap/assets/css/bootstrap.css">
<script src="https://ajax.googleapis.com/ajax/libs/angularjs/1.0.5/angular.min.js"></script>

JavaScript

function QuarterController($scope) {
    $scope.Quarter = 2;
}