Nike Inc. Common Size Consolidated Income Statement 2014

Revenues 100.00
Cost of Sales -55.23 Gross Profit 44.77% Demand Creation Expense -10.90 Operating overhead expense -20.63 Selling & Administrative Expense -31.53%
Restructing charges
Goodwill impairment
Intangible & other asset impairment Operating income 13.24% Interest income 0.02 Interest expense -0.14 Interest (expense) net -0.12% Other income (expense) net -0.37
Income before income taxes 12.75%
Income tax expense -3.06

Net income from discontinuing operations 9.69%

Net income from discontinued operations
Net Income 9.69%

Nike Common Size Statement of Financial Position, Liabilities, & Stockholder Equity 2014

Current portion of long term debt 0.04
Notes payable 0.90
Accounts payable 0.38 Compensation & Benefits, excluding taxes 4.21 Endorsement compensation 1.76 Dividends payable 1.12 Taxes other than income taxes 1.10 Advertising & Marketing 0.72 Import & Logistics costs 0.68 Fair value of derivatives 0.46 Other 3.35 Accrued Liabilities 13.40%
Income taxes payable 2.32
Liabilities of discontinued operations Current liabilities 27.04%
Long term debt, excluding current portion 6.45
Deferred income taxes and other liabilities 8.30 Noncurrent liabilities 14.75% Total liabilities 41.79%
Redeemable preferred stock
Common stock at stated value 0.02
Capital in excess of stated value 31.54
Accumulated other comprehensive income 0.46
Returned earnings 26.20 Total shareholder’s equity 58.21%
Total liabilities & Shareholder’s equity 100.00%

Summary
Overall the Nike Corporation has seen a growth since the fall in profits in 2009. In that year the overall profits of Nike fell to