Nike 2014 Annual Report Download - page 49

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PART II
NIKE, Inc. Consolidated Statements of Shareholders’ Equity
Common Stock Capital in
Excess
of Stated
Value
Accumulated
Other
Comprehensive
Income
Retained
Earnings Total
Class A Class B
(In millions, except per share data) Shares Amount Shares Amount
Balance at May 31, 2011 180 $ — 756 $ 3 $ 3,944 $ 95 $ 5,751 $ 9,793
Stock options exercised 18 528 528
Repurchase of Class B
Common Stock (40) (12) (1,793) (1,805)
Dividends on common stock
($0.70 per share) (639) (639)
Issuance of shares to employees 2 57 57
Stock-based compensation (Note 11) 130 130
Forfeiture of shares from employees — (6) (4) (10)
Net income 2,211 2,211
Other comprehensive income 54 54
Balance at May 31, 2012 180 $ — 736 $ 3 $ 4,641 $ 149 $ 5,526 $ 10,319
Stock options exercised 10 322 322
Conversion to Class B Common Stock (2) 2 —
Repurchase of Class B Common Stock (34) (10) (1,647) (1,657)
Dividends on common stock ($0.81 per share) (727) (727)
Issuance of shares to employees 2 65 65
Stock-based compensation (Note 11) 174 174
Forfeiture of shares from employees — (8) (4) (12)
Net income 2,472 2,472
Other comprehensive income 125 125
Balance at May 31, 2013 178 $ — 716 $ 3 $ 5,184 $ 274 $ 5,620 $ 11,081
Stock options exercised 11 445 445
Repurchase of Class B Common Stock (37) (11) (2,617) (2,628)
Dividends on common stock ($0.93 per share) (821) (821)
Issuance of shares to employees 2 78 78
Stock-based compensation (Note 11) 177 177
Forfeiture of shares from employees — (8) (4) (12)
Net income 2,693 2,693
Other comprehensive income (189) (189)
Balance at May 31, 2014 178 $ — 692 $ 3 $ 5,865 $ 85 $ 4,871 $ 10,824
The accompanying Notes to Consolidated Financial Statements are an integral part of this statement.
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