10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NIKE, INC. | |||
Ticker: NKE Fiscal Year: 2011 | |||
CONSOLIDATED STATEMENTS OF INCOME | |||
Period Ending May 31, 2011 10-K (Filed: July 22, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2011 | May 31, 2010 | May 31, 2009 | |
| Revenues | $ 20,862 | 19,014 | 19,176 |
| Cost of sales | 11,354 | 10,214 | 10,572 |
| Gross margin | 9,508 | 8,800 | 8,604 |
| Demand creation expense | 2,448 | 2,356 | 2,352 |
| Operating overhead expense | 4,245 | 3,970 | 3,798 |
| Total selling and administrative expense | 6,693 | 6,326 | 6,150 |
| Restructuring charges (Note 16) | 195 | ||
| Goodwill impairment (Note 4) | 199 | ||
| Intangible and other asset impairment (Note 4) | 202 | ||
| Interest expense (income), net | 4 | 6 | (10) |
| Other (income), net (Note 17) | (33) | (49) | (89) |
| Income before income taxes | 2,844 | 2,517 | 1,957 |
| Income taxes (Note 9) | 711 | 610 | 470 |
| Net income | 2,133 | 1,907 | 1,487 |
| Basic earnings per common share (Notes 1 and 12) | 4.48 | 3.93 | 3.07 |
| Diluted earnings per common share (Notes 1 and 12) | 4.39 | 3.86 | 3.03 |
| Dividends declared per common share | 1.20 | 1.06 | 0.98 |
| External Links | |
| NIKE, INC. (NKE) Fiscal Year 2011 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |