PART II NIKE, Inc. Consolidated Statements of Income On milions, except per share data) Revenues Cost of sales 2018 36.397 $ Year Ended May 31, 2017 2016 34,350 $ 32,376 20441 19,038 17,405 Gross profit Demand creation expense Operating overhead expense Total selling and administrative expense Interest expense (income), net Other expense (income), net Income before income taxes Income tax expense 15,956 15,312 14,971 3,577 3,341 3,278 7,934 7,222 7,191 11,511 10,563 10,469 54 59 19 66 (196) (140) 4,325 4,886 4,623 2.392 646 863 NET INCOME S 1,933 $ 4,240 $ 3,760 Earnings per common share: Basic $ 1.19 $ 2.56 $ 2.21 Diluted $ 1.17 $ 2.51 $ 2.16 Dividends declared per common share $ 0.78 $ 0.70 $ 0.02 The accompanying Notes to the Consolctated Financial Statements are an integral part of the statement