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Earnings Per Share (Tables)
9 Months Ended
Feb. 28, 2013
Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation from basic earnings per share to diluted earnings per share. Options to purchase an additional 14.5 million and 13.5 million shares of common stock were outstanding for the three month periods ended February 28, 2013 and February 29, 2012, respectively, and 12.6 million and 13.4 million shares of common stock were outstanding for the nine month periods ended February 28, 2013 and February 29, 2012, respectively, but were not included in the computation of diluted earnings per share because the options were anti-dilutive.

On November 15, 2012 the Company announced a two-for-one stock split of both NIKE Class A and Class B Common shares. Common stock began trading at the split-adjusted price on December 26, 2012. All share numbers and per share amounts presented reflect the stock split.

 

     Three Months Ended
February 28 and 29,
         Nine Months Ended
February 28 and 29,
 
(In millions, except per share data)    2013      2012           2013      2012  

Determination of shares:

                                       

Weighted average common shares outstanding

     893.9         915.1             898.9         921.2   

Assumed conversion of dilutive stock options and awards

     17.8         19.5             17.6         19.1   

DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING

     911.7         934.6             916.5         940.3   

Earnings per share from continuing operations:

                                       

Basic earnings per common share

   $ 0.74       $ 0.62           $ 1.97       $ 1.86   

Diluted earnings per common share

   $ 0.73       $ 0.61           $ 1.93       $ 1.82   

Earnings per share from discontinued operations:

                                       

Basic earnings per common share

   $ 0.23       $ (0.01        $ 0.05       $ (0.04

Diluted earnings per common share

   $ 0.22       $ (0.01        $ 0.05       $ (0.04

Basic earnings per common share for NIKE, Inc.

   $ 0.97       $ 0.61           $ 2.02       $ 1.82   

Diluted earnings per common share for NIKE, Inc.

   $             0.95       $             0.60           $             1.98       $             1.78