NIKE INC | 2013 | FY | 3

The following is a reconciliation from basic earnings per share to diluted earnings per share. Options to purchase an additional 0.1 million, 0.2 million, and 0.3 million shares of common stock were outstanding at May 31, 2013, 2012, and 2011 respectively, but were not included in the computation of diluted earnings per share because the options were anti-dilutive.
 
 
 
Year Ended May 31,
(In millions, except per share data)
 
2013
 
2012
 
2011
Determination of shares:
 
 
 
 
 
 
Weighted average common shares outstanding
 
897.3

 
920.0

 
951.1

Assumed conversion of dilutive stock options and awards
 
19.1

 
19.6

 
20.2

DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
 
916.4

 
939.6

 
971.3

 
 
 
 
 
 
 
Earnings per share from continuing operations:
 
 
 
 
 
 
Basic earnings per common share
 
$
2.75

 
$
2.47

 
$
2.28

Diluted earnings per common share
 
$
2.69

 
$
2.42

 
$
2.24

 
 
 
 
 
 
 
Earnings per share from discontinued operations:
 
 
 
 
 
 
Basic earnings per common share
 
$
0.02

 
$
(0.05
)
 
$
(0.04
)
Diluted earnings per common share
 
$
0.02

 
$
(0.05
)
 
$
(0.04
)
 
 
 
 
 
 
 
Basic earnings per common share for NIKE, Inc.
 
$
2.77

 
$
2.42

 
$
2.24

Diluted earnings per common share for NIKE, Inc.
 
$
2.71

 
$
2.37

 
$
2.20

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