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Earnings Per Share
12 Months Ended
May 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 12 — Earnings Per Share
The following is a reconciliation from Basic earnings per common share to Diluted earnings per common share. Options to purchase an additional 0.1 million, 0.1 million, and 0.2 million shares of common stock were outstanding at May 31, 2014, 2013, and 2012, respectively, but were not included in the computation of Diluted earnings per common share because the options were anti-dilutive.
 
 
Year Ended May 31,
(In millions, except per share data)
 
2014
 
2013
 
2012
Determination of shares:
 
 
 
 
 
 
Weighted average common shares outstanding
 
883.4

 
897.3

 
920.0

Assumed conversion of dilutive stock options and awards
 
22.4

 
19.1

 
19.6

DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
 
905.8

 
916.4

 
939.6

 
 
 
 
 
 
 
Earnings per share from continuing operations:
 
 
 
 
 
 
Basic earnings per common share
 
$
3.05

 
$
2.74

 
$
2.45

Diluted earnings per common share
 
$
2.97

 
$
2.68

 
$
2.40

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

 
$
0.02

 
$
(0.05
)
Diluted earnings per common share
 
$

 
$
0.02

 
$
(0.05
)
 
 
 
 
 
 
 
Basic earnings per common share for NIKE, Inc.
 
$
3.05

 
$
2.76

 
$
2.40

Diluted earnings per common share for NIKE, Inc.
 
$
2.97

 
$
2.70

 
$
2.35