Your Company Summary Research Assignment Use your company's Income Statement and the Form 10k to answer the following questions and be prepared to discu class: Enter Answers Below Get the following information from your company's Form 10K 1. List the Exact corporate name of your company as specific to its charter. 2. In What state did the company incorporate? 3. What is the City and State of the principle executive office? 4. What is the Trading Symbol for the Common Stock of your company? 5. Is the registrant a shell company? Enter Yes or No 6. What is the approximate aggregate Market Value of the Company Common Stock? Refer to the Income Statement for your company to answer the following questions 7. What is the numeric value of the numbers stated in your financials (ie. Millions, Thousands) 8. List the date the Year Ended for the most recent year of the financials. 9. Net Sales or Revenue (Current Year) 10. Net Sales or Revenue (Previous Year) 11. Are Net Sales in an Upward or Downward trend? 12. Cost of Goods Sold - COGS (Current Year) 13. Cost of Goods Sold - COGS (Previous Year) Calculate Gross Profit (Net Sales or Revenue - Cost of Goods Sold) 14. Gross Profit (Current Year) - (Show Your Calculation) 15. Gross Profit (Previous Year) - (Show Your Calculation) Be Sure To Copy This Entire Template Completed UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 1, 2019 R or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 0-20355 Costco Wholesale Corporation (Exact name of registrant as specified in its charter) Washington 91-1223280 (State or other jurisdiction of (1.R.S. Employer Identification No.) incorporation or organization) 999 Lake Drive, Issaquah, WA 98027 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (425) 313-8100 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on Title of each class Trading Symbol which registered Common Stock, S. Par Value COST The NASDAQ Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act YES NO Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act, YES NO (State or other jurisdiction of (L.R.S. Employer Identification No.) incorporation of organization) 999 Lake Drive, Issaquah, WA 98027 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (425) 313-8100 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on Title of each class Trading Symbol which registered Common Stock, $.01 Par Value COST The NASDAQ Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YES NOD Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. YESO NO Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES W NOD Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). YES NO O Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer,* *accelerated filer", "smaller reporting company, and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Smaller reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act, Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YESO NOW The aggregate market value of the voting stock held by non-affiliates of the registrant as of February 17, 2019 was 95.005.703.244 The number of shares outstanding of the registrant's common stock as of October 3, 2019 was 439,656,950. DOCUMENTS INCORPORATED BY REFERENCE Portions of the Comnany's Proxy Statement for the Annual Meeting of Shareholders to be held on lanuary 22 2020 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on Title of each class Trading Symbol which registered Common Stock, $.01 Par Value COST The NASDAQ Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YES NO Indicate by check mark If the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. YESO NO Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES NOD Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T ($ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). YES NO Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer," "accelerated filer", "smaller reporting company'. and "emerging growth company in Rule 126-2 of the Exchange Act. Large accelerated filer * Accelerated filera Non-accelerated filer 0 Smaller reporting company Emerging growth company If an emerging growth company indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 126-2 of the Act). YES NO 2 The aggregate market value of the voting stock held by non-affiliates of the registrant as of February 17, 2019 was 95,005,703,244. The number of shares outstanding of the registrant's common stock as of October 3, 2019 was 439.656,950. DOCUMENTS INCORPORATED BY REFERENCE Portions of the Company's Proxy Statement for the Annual Meeting of Shareholders to be held on January 22.2020 are incorporated by reference into Part Ill of this Form 10-K COSTCO WHOLESALE CORPORATION CONSOLIDATED STATEMENTS OF INCOME (amounts in millions, except per share data) 52 Weeks Ended September 1, 2019 52 Weeks Ended September 2, 2018 63 Weeks Ended September 3, 2017 149,351 S 3,352 152.703 138,434 $ 3,142 141,576 126,172 2,853 129,025 132,886 14,994 86 4.737 123,152 13,876 68 4,480 111.882 12,950 82 4,111 REVENUE Net sales Membership fees Total revenue OPERATING EXPENSES Merchandise costs Selling, general and administrative Preopening expenses Operating income OTHER INCOME (EXPENSE) Interest expense Interest income and other, net INCOME BEFORE INCOME TAXES Provision for income taxes Net income including noncontrolling interests. Net income attributable to noncontrolling Interests NET INCOME ATTRIBUTABLE TO COSTCO NET INCOME PER COMMON SHARE ATTRIBUTABLE TO COSTCO: Basic Diluted Shares used in calculation (000's) Basic Diluted (150) 178 4,765 1,061 3,704 (159) 121 4,442 1,263 3,179 (134) 62 4,039 1.325 2,714 (45) (45) 3.134 $ $ 3,659 $ (35) 2,679 $ $ 8.32 $ 8.26 $ 7.15$ 7.09 $ 6.11 6.08 438,437 439.755 442.923 438.515 441.834 440.937 COSTCO WHOLESALE CORPORATION CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (amounts in millions) 52 Weeks Ended September 1, 2019 52 Weeks Ended September 2, 2018 53 Weeks Ended September 3, 2017 $ 3,704 3,179 $ 2,714 NET INCOME INCLUDING NONCONTROLLING INTERESTS Foreign-currency translation adjustment and other, net Comprehensive income Less: Comprehensive income attributable to noncontrolling interests COMPREHENSIVE INCOME ATTRIBUTABLE TO COSTCO (245) 3,459 (192) 2,987 98 2,812 37 38 48 $ 3,422 $ 2,949 $ 2,764