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Earnings Per Share
 6 Months Ended
Nov. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 8 — Earnings Per Share
The following is a reconciliation from basic earnings per share to diluted earnings per share. Options to purchase an additional 7.9 million and 27.4 million shares of common stock were outstanding for the three month periods ended November 30, 2013 and 2012, respectively, and 0.1 million and 27.4 million shares of common stock were outstanding for the six month periods ended November 30, 2013 and 2012, respectively, but were not included in the computation of diluted earnings per share because the options were anti-dilutive.
 
 
Three Months Ended November 30,
 
Six Months Ended November 30,
(In millions, except per share data)
 
2013
 
2012
 
2013
 
2012
Determination of shares:
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
888.0

 
897.0

 
888.7

 
901.4

Assumed conversion of dilutive stock options and awards
 
22.6

 
16.1

 
22.0

 
16.9

DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
 
910.6

 
913.1

 
910.7

 
918.3

 
 
 
 
 
 
 
 
 
Earnings per share from continuing operations:
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.60

 
$
0.58

 
$
1.48

 
$
1.23

Diluted earnings per common share
 
$
0.59

 
$
0.57

 
$
1.45

 
$
1.20

 
 
 
 
 
 
 
 
 
Earnings per share from discontinued operations:
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
—

 
$
(0.15
)
 
$
—

 
$
(0.18
)
Diluted earnings per common share
 
$
—

 
$
(0.15
)
 
$
—

 
$
(0.16
)
 
 
 
 
 
 
 
 
 
Basic earnings per common share for NIKE, Inc.
 
$
0.60

 
$
0.43

 
$
1.48

 
$
1.05

Diluted earnings per common share for NIKE, Inc.
 
$
0.59

 
$
0.42

 
$
1.45

 
$
1.04