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									Created by EDGAR Online, Inc.
NIKE Filed: Sep 26, 1996
Form INC 8-K 16, 1996
TABLE1
Date Type:
Period End: Sep
                                    Date of Report (Date of earliest event reported) September 16, 1996




                                NIKE, INC.
                                           (Exact name of registrant as specified in its charter)




   Oregon incorporation)
   (State of                    1-10635
                                (Commission File
                                Number)                                                                   93-0584541 No.)
                                                                                                          (IRS Employer
                                                                                                          Identification
Created by EDGAR Online, Inc.
NIKE Filed: Sep 26, 1996
Form INC 8-K 16, 1996
INCOME_STATEMENT
Date Type:
Period End: Sep
   NIKE, Inc.
   INCOME
   RevenuesSTATEMENT                              Quarter Ending
                                                  8/31/96 2,281,926 8/31/95
                                                  $                 $        1,700,020
   Cost& AExpense
   S G and Expenses
   Otherof
   Interest Sales
   Total Costs                                            1,362,119 _________ 369,043
                                                  _________ 529,537
                                                             12,666
                                                              8,641
                                                          1,912,963         1,013,379
                                                                                11,251
                                                                                10,249
                                                                            1,403,922
    Pre Tax Taxes
    Income Income                                 _________ 368,963 _________ 296,098
                                                            142,900            114,000
    Net Income                                    $         226,063 $           182,098
    Income Per Share                              _________
                                                  $            1.53 ________
                                                                    $              1.25
=   Dividend Shares Outstanding
    Average Revenues
    Divisional                                    $            0.15
                                                            148,184 $              0.13
                                                                                145,852
    U.S. Athletic Footwear
                   Apparel                        $        1,002,103 $        791,568
                                                  __________352,385 __________182,483
    Total U.S. Athletic                                    1,354,488           974,051
    International Footwear
                  Apparel                         __________548,538 __________427,032
                                                             232,339           151,051
    Total International                                      780,877           578,083
=   Other Brands
    Total                                         __________146,561 __________147,886
                                                  $        2,281,926 $       1,700,020
    Percentage Change
    U.S. Athletic Footwear
                   Apparel                        __            27% __
                                                                93%                 21%
                                                                                    93%
    Total U.S. Athletic                                         39%                 30%
    International Footwear
                  Apparel                         __            28% __
                                                                54%                 30%
    Total International
    Other Brands                                  __            35% ___
                                                                -1%                 30%
                                                                                   151%
=                                                               34%                 36%
    Assets Sheet
    Balance Expenses
    Cash and Investments
    Accounts Rec
    InventoryTaxes
    Deferred
    Prepaid                                       $         398,098
                                                          1,627,046
                                                  _________ 909,414
                                                             88,852
                                                            120,298   $         178,556
                                                                              1,192,172
                                                                      _________ 676,417
                                                                                 68,682
                                                                                 87,300
    Current Assets                                _________
                                                          3,143,708   _________
                                                                              2,203,127
    Fixed Assets
    Depreciation                                          1,116,998
                                                  _________ 425,420   _________ 934,801
                                                                                352,091
    Net Fixed Assets                              _________ 691,578   _________ 582,710
    Identifiable Intangible Assets and Goodwill
    Other Assets                                  _________ 469,332
                                                            121,210   _________ 490,872
                                                                                 46,707
=   Total Assets                                  $       4,425,828 $          3,323,416

    Liab and Liability
    AccountsEquity
    Current L/T Debt
    Notes Payable
    Accrued Payable
    Inc Taxes                                     $           4,175
                                                            416,600 $           3,237
                                                  _________ 539,210 _________ 325,937
                                                            525,738
                                                            141,287           367,797
                                                                              338,902
                                                                              109,397
    Current Liab
    Long Term Debt Liab
    Non-Curr Deferred Tax
    Other Long-Term
    Preferred Stock
    Common Equity                                         1,627,010
                                                  _________ 107,247 _________ 14,082
                                                              1,764
                                                             32,559
                                                                300
                                                          2,656,948         1,145,270
                                                                               17,921
                                                                               42,952
                                                                                  300
                                                                            2,102,891
    Total Liab & Equity                           $       4,425,828 $          3,323,416
Created by EDGAR Online, Inc.
NIKE Filed: Sep 26, 1996
Form INCWaterhouse LLP
INCOME_STATEMENT2
Period End: 8-K 16, 1996
Date Type: Sep
   Price

                                                     NIKE, INC.




                                         CONSOLIDATED STATEMENT OF INCOME




-   (IN THOUSANDS, EXCEPT (Notes 1, 9 and 10)
    Revenues expenses: net PER SHARE DATA)
    Sellingand administrative
    Costs income/expense, 4 and 5)
    Other ofexpense (Notes
             sales
    Interestand                                                             $                                                                                                              1996
                                                                                                                                                                                      6,470,625
                                                                                                                                                                                      3,906,746
                                                                                                                                                                                      1,588,612
                                                                                                                                                                                         39,498
                                                                                                                                                                                         36,679
                                                                                                                                                                                      5,571,535
            taxes income
    Income before(Note 6) taxes
    Net income per common share (Notes 1 and 16)                            $                                                                                                           899,090
                                                                                                                                                                                        345,900
                                                                                                                                                                                        553,190
                                                                                                                                                                                           1.89
    Average number of common and common
    equivalent shares (Notes 1 and 16)
                                                                                The accompanying notes to consolidated financial statements are an integral part of this statement.




                                                                                                                                                                                       293,608
YEAR ENDED MAY 31, 1995 $
$              4,760,834
               2,865,280         1994
                            3,789,668
                            2,301,423
               1,209,760
                  24,208
                  11,722
               4,110,970      974,099
                               15,282
                                8,270
                            3,299,074
$               649,864 $
                250,200
                399,664
                   1.36       490,594
                              191,800
                              298,794
                                 0.99
                294,012      301,824
 Created by EDGAR Online, Inc.
 NIKE Filed: Sep 26, 1996
 Form INC INC.
 BALANCE_SHEET 1996
 Period End: 8-K 16,
 Date Type: Sep
    NIKE,
- CONSOLIDATED BALANCE SHEET
    ASSETS
    Current Assets:$32,663(Note 6)
    Cash and equivalents less allowance for doubtful accounts
    Accounts receivable,
    of $43,372 and taxes
    Inventories (Note 2)
    Deferredexpenses
    Prepaid income
    Total current assets
    Identifiable intangible assets and assets 3 and 5)
    Deferred plant and equipment, net (Notes
    Property,income taxes and other goodwill (Note 1)
    Total assets
-   LIABILITIES AND long-term
    Current Liabilities:SHAREHOLDERS' EQUITY
    Accruedportion (Note 4)
    Income taxes of
    Notes payablepayable 4) debt (Note 5)
    Accounts payable (Note
              liabilities
    Total current liabilities
    Commitments (Notes 5 value:
    Deferred convertiblestatedand and 16):
                 debt
    Long-termStock(Note(Notes 813) (Notes 11 and 14)
    Commonincome taxes (Note and
    Shareholders' equity102,240, 6) 103,580
                             1)
    Other liabilitiesandof stated value 7) outstanding
    Capital in earnings contingencies
    Redeemable Preferred Stockadjustment shares outstanding
    Foreign currency and 182,200(Note
    Retained185,018at
    Class A excess translation shares
            B
          liabilities and equity
    Total shareholders' shareholders' equity
                  MAY 31,




(IN THOUSANDS) 1996              1995
$           262,117
          1,346,125 $
            931,151
             93,120
             94,427           216,071
                            1,053,237
                              629,742
                               72,657
                               74,221
          2,726,940         2,045,928
            643,459
            474,812
            106,417           554,879
                              495,907
                               46,031
$         3,951,628 $       3,142,745
$             7,301
            445,064 $
            455,034
            480,407
             79,253            31,943
                              397,100
                              297,656
                              345,224
                               35,612
          1,467,059         1,107,535
              9,584
              1,883
             41,402
                 -
                300            10,565
                               17,789
                               41,867
                                   -
                                  300
                153
              2,702
            154,833
            (16,501)
          2,290,213               155
                                2,698
                              122,436
                                1,585
                            1,837,815
$         2,431,400 $
          3,951,628         1,964,689
                            3,142,745
 Created by EDGAR Online, Inc.
 NIKE Filed: Sep 26, 1996
 Form INC INC.
 CASH_FLOW
 Period End: 8-K 16, 1996
 Date Type: Sep
    NIKE,
    CONSOLIDATED STATEMENT OF CASH FLOWS                                                                                                                                  YEAR ENDED MAY 31,




-                                                                                                                                                                 1996
    Cash provided (used) by not affecting
    Income charges (credits)operations: tax benefits
    Net income certain working purchased cash:
    Depreciation andtaxes inventory receivable
    Deferred income other accounts payable, accrued
                             and current
    Other liabilities
    Amortization
    Changes (decrease) in otherpayable assets
    (Increase)in income taxes capital components:                                                                                                         $    553,190
                                                                                                                                                                97,179
                                                                                                                                                               (73,279)
                                                                                                                                                                  (465)
                                                                                                                                                                35,199
    liabilities decrease in
    Increase and                                                                                                                                              (301,409)
                                                                                                                                                              (292,888)
                                                                                                                                                               (20,054)
                                                                                                                                                               332,548
    Cash provided by operations                                                                                                                                330,021
    Cash providedsubsidiaries: and equipment
    Identifiable of (used) plant
    Additions toacquired by investinggoodwill
    Disposals of property, plant and activities:
    Acquisition intangible assetsand equipment
                   property,
    Net assets other assets                                                                                                                                   (216,384)
                                                                                                                                                                12,775
                                                                                                                                                               (26,376)
                                                                                                                                                                    -
    Cash used by investing activities                                                                                                                         (229,985)
    Proceeds toin (used) by of options
    Cash provided long-term preferred activities: portion
    Reductions of exercise financing
    Repurchase long-term debt including
    Additions(decrease)andnotes payable current
    Dividends from stockin debt
    Increase common                                                                                                                                              5,044
                                                                                                                                                               (30,352)
                                                                                                                                                                47,964
                                                                                                                                                                21,150
                                                                                                                                                               (18,756)
                                                                                                                                                               (78,834)
    Effect provided (used) beginning of year
    Cash of exchange rate financing activities
    Cash and equivalents,bychanges andcash
    Net (decrease) increase in cash on equivalents                                                                                                            (53,784)
                                                                                                                                                                 (206)
                                                                                                                                                               46,046
                                                                                                                                                              216,071
    Cash and equivalents, end of year                                                                                                                     $   262,117
    Supplemental disclosure of cash flow of information:
    Cash paid during the year for:
    Income (net of
    Interest taxes amount capitalized)                                                                                                                    $    32,800
                                                                                                                                                              359,300
-   Supplemental depreciation non-cash investing activities:
    The Company schedule of as exchange of certain
    Accumulated had a
    equipment during thelike-kind follows:
    Cost of old equipmentyear
    Cash received
-   Book value of new asset
-   The Company acquired new NIKE subsidiaries
    Liabilities year
    Assetsthe assumed
    during cash paidas follows:
    Less: acquired                                             The accompanying notes to consolidated financial statements are an integral part of this




    statement.
        YEAR ENDED MAY 31,




(IN THOUSANDS) 1995                              1994
$                             399,664 $
                               71,113
                              (24,668)
                               (1,359)
                               19,125        298,794
                                              64,531
                                             (23,876)
                                              (3,588)
                                               8,067
                              (69,676)
                             (301,648)
                              (10,276)
                              172,638        160,823
                                              23,979
                                               6,888
                                              40,845
                              254,913        576,463
                             (154,125)
                                9,011
                               (6,260)
                             (345,901)
                              (84,119)       (95,266)
                                              12,650
                                              (5,450)
                                              (2,185)
                                              (1,367)
                             (581,394)        (91,618)
                                2,971
                              (39,804)
                              263,874
                                6,154
                             (142,919)
                              (65,418)          6,044
                                              (56,986)
                                               (2,939)
                                                4,288
                                             (140,104)
                                              (60,282)
                               24,858
                               (1,122)
                             (302,745)
                              518,816        (249,979)
                                               (7,334)
                                              227,532
                                              291,284
$                             216,071 $      518,816
$                             20,200
                             285,400 $        11,300
                                             189,800
                                         $     24,057
                                              (14,502)
                                                  652
                                         $     10,207
                                         $   124,966
                                              (3,552)
                                             121,414
 Created by EDGAR Online, Inc.
 NIKE Filed: 8-K 16, 1996
 Form INC
 STOCKHOLDERS_EQUITY
 Date Type: Sep
-Period End:Sep 26, 1996
                                                                                                                                           NIKE, INC.
                                                           CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY

                                                                                                                            COMMON STOCK

                                                                       CLASS A




-                                             SHARES                                                        AMOUNT
    Balance at May 31, 1993 Preferred Stock
    Net income exercised
- Stock options statements of
    Conversion toCommon Common Stock
    Translation ofClass B Stock
    international operations Common Stock              26,691 $                                                      159
    RepurchaseofRedeemable
    Dividends on Class B                                  (12)
    Balance at May 31, 1994 of
    Repurchase exercised
    Stock optionspursuant Common Stock
    Conversion toRedeemable Preferred Stock
    international ofClass B
    Translation obligations Common Stock               26,679                                                        159
    Dividends on Class B
    contractual ofCommon to
    Stock issuedoperationsStock
    Net income statements                                (784)                                                        (4)
   Balance at May 31,1995                              25,895                                                        155
   Net Income exercised
   Stock options statements of
   Translation toRedeemable
   Repurchase ofClas Common
   Conversion 1995 B B
   October 30,ofCommon Stock Stock
   internationalStock Split Common Stock
   Preferred on Class
   Two-for-one operations                                (655)
                                                       25,880                                                         (2)
   DividendsStock
   Balance at May 31, 1996                             51,120 $                                                      153
   affected at MayOctober 1996
   Balance for(Note31, 1996
   stock split the 16)                                 102,240 $                                                     153
               NIKE, INC.




                                                             CAPITAL
COMMON STOCK




                                                             IN
                                                             EXCESS                       FOREIGN
                                 CLASS B




    SHARES                                 AMOUNT            OF
                                                             STATED
                                                             VALUE                        CURRENCY
                                                                                          TRANSLATION
                                                                                          ADJUSTMENT         RETAINED
                                                                                                             EARNINGS
                                                                              (IN THOUSANDS)




                            49,161 $
                               167
                                12
                            (2,819)                 2,720 $
                                                        1
                                                      (17)             108,451 $
                                                                         6,287
                                                                        (6,454)                    (7,333) $
                                                                                                   (7,790)          1,539,279
                                                                                                                     (133,633)
                                                                                                                      298,794
                                                                                                                          (30)
                                                                                                                      (59,485)
                            46,521
                               241
                               784
                            (2,130)
                               134                  2,704
                                                        2
                                                        4
                                                      (13)
                                                        1              108,284
                                                                         8,954
                                                                        (4,801)
                                                                         9,999                    (15,123)          1,644,925
                                                                                                                     (138,106)
                                                                                                   16,708             399,664
                                                                                                                          (30)
                                                                                                                      (68,638)
                            45,550                  2,698              122,436                     1,585            1,837,815
                               756
                               655
                              (200)
                            45,748                      3
                                                        2
                                                       (1)              32,848
                                                                          (451)                   (18,086)            (18,304)
                                                                                                                      553,190
                                                                                                                          (30)
                                                                                                                      (82,458)
                            92,509 $                2,702 $            154,833 $                  (16,501) $        2,290,213
                            185,018 $               2,702 $            154,833 $                  (16,501) $        2,290,213
TOTAL
$       1,642,819
            6,288
         (140,104)
           (7,333)
          298,794
              (30)
          (59,485)
__      1,740,949
            8,956
         (142,920)
           10,000
           16,708
          399,664
              (30)
          (68,638)
        1,964,689
           32,851
          (18,756)
          (18,086)
          553,190
              (30)
          (82,458)
$       2,431,400
$       2,431,400
Created by EDGAR Online, Inc.
NIKE Filed: -Sep 26, 1996
Form INC
TABLE2 2 8-K 16, 1996
Date Type: INVENTORIES
Period End: Sep
   NOTE
                        Inventories by major classification are as follows:




   (in thousands)
   May 31 goods
   Finished
   Work-in-progress
   Raw materials                                                              $      1996
                                                                                  906,943 $
                                                                                   20,002
                                                                                    4,206        1995
                                                                                              618,521
                                                                                                9,064
                                                                                                2,157
                                                                              $   931,151 $   629,742
Created by EDGAR Online, Inc.
NIKE Filed: -Sep 26, 1996 PLANT AND EQUIPMENT
Form INC
TABLE3 3 8-K 16, 1996
Date Type: PROPERTY,
Period End: Sep
   NOTE
   Property, plant and equipment includes the following:

   (in thousands) equipment
   May 31 improvements
   Land accumulated depreciation
   Buildings and process
   Machinery in
   Leasehold
   Construction                                            $        1996
                                                                  75,369
                                                                 246,602
                                                                 572,396
                                                                  83,678
                                                                  69,660
   Less                                                        1,047,705
                                                                 404,246
                                                           $     643,459
$      1995
     68,102
    224,586
    470,422
     63,716
     64,387
    891,213
    336,334
$   554,879
Created by EDGAR Online, Inc.
NIKE Filed: Sep 26, 1996
Form INC 8-K 16, 1996
TABLE4
Date Type:
Period End: Sep
                              NOTE 4 - SHORT-TERM BORROWINGS AND CREDIT LINES




                                                                                   Notes payable to banks and interest bearing accounts payable
                                                                                to Nissho Iwai American Corporation (NIAC) are summarized below:




   (in thousands)
   May 31                                                                                                                                          1996
   Banks:
   U.S. Operations
   International Operations                                                     Borrowings445,064 Interest Rate
                                                                                $---
                                                                                $                 ---%
                                                                                                  4-3/8                                                   Borrowings278,491
                                                                                                                                                          $         118,609
                                                                                                                                                                    397,100
   NIAC                                                                         $         237,413 5-4/5%                                                  $        129,480
          1995
Interest Rate6%
              5
            6%
Created by EDGAR Online, Inc.
NIKE Filed: -Sep 26, 1996 DEBT
Form INC
TABLE5 5 8-K 16, 1996
Date Type: LONG-TERM
Period End: Sep
   NOTE
   (in thousands) includes the following:
   Long-term debt
   May 31                                               1996       1995
   10.4% senior secured through 2007
   quarterly installments note
   9.43% capital warehouse lease, payable in
   Other                                       $---    7,485 $
                                                       9,400     22,244
                                                                  9,078
                                                                 11,186
   Total current maturities
   Less                                               16,885
                                                       7,301     42,508
                                                                 31,943
                                               $       9,584 $   10,565
Created by EDGAR Online, Inc.
NIKE Filed: -Sep 26, 1996
Form INC
TABLE6 6 8-K 16, 1996
Date Type: INCOME TAXES:
Period End: Sep
   NOTE
   Income before income taxes and the provision for income
   taxes are as follows:

   (in thousands)
   Year Ended May 31                                                1996
   IncomeStates income taxes:
   United before
   Foreign                                                   $   644,755
                                                                 254,335
                                                             $   899,090
   Provision for income taxes:
   Current:
   United States
   Federal
   State
   Foreign                                                   $   247,526
                                                                  42,622
                                                                 127,345
   Deferred:
   United
   FederalStates
   State
   Foreign                                                       417,493
                                                                 (33,003)
                                                                  (7,657)
                                                                 (30,933)
                                                             $   (71,593)
                                                                 345,900
       1995        1994
$   467,548
    182,316 $   318,367
                172,227
$   649,864 $   490,594
$   172,127 $
     34,764
     75,964     121,892
                 23,832
                 64,034
    282,855
    (25,689)
     (2,430)
     (4,536)    209,758
                (12,931)
                 (1,868)
                 (3,159)
$   (32,655)
    250,200 $   (17,958)
                191,800
Created by EDGAR Online, Inc.
NIKE Filed: Sep 26, 1996
Form INC 8-K 16, 1996
TABLE7
Date Type:
Period End: Sep
   (in thousands)
   May 31                                                 1996         1995
   Inventorycompensationof foreign
   Undistributed earnings accounts subsidiaries
   Other deferred tax liabilities
   Gross loss carry forwards
   Allowanceand doubtful liabilities              $      3,220
                                                        12,040 $     18,164
                                                                     15,213
   Foreign for tax
   Deferred reserves assets
   Tax deferred accrued
   Reserves inventory adjustment
   Net basis
   Depreciation tax assets
   Other deferred
   Gross                                          $
                                                        15,260
                                                        (9,050)
                                                       (20,796)
                                                       (17,583)
                                                       (42,870)
                                                       (12,363)
                                                        (2,594)
                                                       (25,162)
                                                       (12,978)
                                                      (143,396) $
                                                      (128,136)
                                                                     33,377
                                                                     (7,952)
                                                                    (15,645)
                                                                    (10,221)
                                                                    (30,335)
                                                                     (8,852)
                                                                     (1,796)
                                                                     (6,000)
                                                                     (7,444)
                                                                    (88,245)
                                                                    (54,868)
Created by EDGAR Online, Inc.
NIKE Filed: Sepstatutory
Form INCincome 26,31,
TABLE8 Federal taxes, net of federal benefit
      Type: Sep
Date foreign 8-K increase
Period benefit from permanent reinvestment
   U.S. ended May 1996
   State netrate 16,
   YearEnd: earnings1996
   Tax
   of
   Impact of
   Other,                                         1996
                                               35.00%
                                                 2.60
                                                   -
                                                 0.90      1995
                                                         35.00%
                                                           3.20
                                                             -
                                                           0.30
   Effective income tax rate                   38.50%    38.50%
   1994
35.00%
   3.20
  (2.60)
   1.50
   2.00
39.10%
Created by EDGAR Online, Inc.
NIKE Filed: Sep 26, 1996
Form INC 8-K 16, 1996
TABLE9
Date Type:
Period End: Sep
                                                             Option Price




                                       Shares
                                                             Per Share($)




   Options outstanding May 31, 1994:
   Exercised
   Surrendered
   Granted                             (in thousands)
                                                  2,354 4-3/4
                                                   (223) 37-5/8
                                                    581 58-7/8
                                                    (24)                    to
                                                                            to   56-7/8
                                                                                 60-1/2
                                                                                 59-3/4
                                                                                 74-7/8
                                                             11-17/32 to




   Options outstanding May 31, 1995:                                             74-7/8
                                                             5-49/64 to




   Exercised
   Surrendered
   Granted                                        2,688 26-7/16
                                                   (623)
                                                  2,991 42
                                                    (50)                    to   42
                                                                                 96-3/8
                                                              5-49/64 to




   Stock Split                                      647                          42
   Options outstanding at May 311996
   1995 affected for16) May 31, 1996
   1996, exercisable                              1,018 6-9/32
                                                  5,653 6-9/32              to   96-3/8
                                                             11-17/32 to




   1996 split (Note the October
   stock                                          4,676 3-9/64
                                                  9,352                     to   60-1/2
                                                                                 37-7/16
                                                                                 18-23/32
Created by EDGAR Online, Inc.
NIKE Filed: Sep 26, 1996
Form INC
TABLE10 8-K 16, 1996
Date Type:
Period End: Sep
                                                                             Option Price




                                                     Shares
                                                                             Per Share($)




                                                     (in thousands)
   Options outstanding May 31, 1994:
   Exercised
   Surrendered
   Granted                                                        269 4-3/4
                                                                  (18)
                                                                   -                        to 51
                                                                                            -- 38-1/4
   Options outstanding May 31, 1995:
   Exercised
   Surrendered
   Granted
   Stock Split                                                   (133) 4-3/4
                                                                  251 6-1/4
                                                                  198 46-5/16
                                                                   -95                      to 56-1/4
                                                                                            to 43-1/4
                                                                                            -- 84
                                                                                               46-5/16
   Options outstanding split (Note 16 affected for
   October 1996 stock May 31, 1996:
                                 1996                            411 6-1/4
                                                                 822 3-1/8                     46-5/16
                                                                                            to 23-5/32
   Options exercisable at May 31:
   1995 affected for the
   1996
   stock split (Note 16) October 1996
   1996,                                                         160 4-3/4
                                                                 320 6-1/4
                                                                 207 3-1/8                     56-1/4
                                                                                            to 28-3/8
                                                                                               14-3/16
Created by EDGAR Online, Inc.
NIKE Filed: Sep 26, 1996 May 31, 1996
Form INC
TABLE11 8-K 16, 1996 Notional
Date Type:Contracts:
Period End: Sep
   Forward Options
   Purchased
   Total                 Amounts 1,703.00 Values(2.10) Fair 14.50 May 31, 1995
                                     280.20 $      2.60 Values 0.50 Notional 706.20 Carrying -
                         Principal 1,422.80 Carrying
                         $                         0.50 $    15.00 Principal 768.70 Values(1.40)
                                                                    Amounts 62.50 $
                                                                    $                      1.40
Fair (13.80)
Values(12.50)
$       1.30
Created by EDGAR Online, Inc.
NIKE Filed: Sep 26, 1996
Form INC
TABLE12 8-K 16, 1996
Date Type:
Period End: Sep
                                                 NOTE 15 - INDUSTRY SEGMENT AND OPERATIONS BY GEOGRAPHIC AREAS




                                                       The Company operates predominantly in one industry segment, that
                                                        being the design, production, marketing and selling of sports and




   fitnes footwear, the following accessories.
   summarized in apparel and table:                                                                                           During 1996, 1995 and 1994,
                                                   sales to one major customer amounted to approximately 12%, 14% and 14%
                                                           of total sales, respectively. The geographic distribution of the
                                                        Company's identifiable assets, operating income and revenues are




   (in thousands)
   Year ended May 31, and other
   Revenues from unrelated
   Latin America/Canada entities:
   United States
   Europe
   Asia/Pacific                                                                                                               $                             1996
                                                                                                                                                       3,964,662
                                                                                                                                                       1,334,340
                                                                                                                                                         735,094
                                                                                                                                                         436,529
                                                                                                                              $                        6,470,625
   Inter-geographic revenues: other
   United States
   Europe
   Asia/Pacific
   Latin America/Canada and                                                                                                   $                            8,153
                                                                                                                                                           7,398
                                                                                                                                                              -
                                                                                                                                                          67,062
                                                                                                                              $                           82,613
   Total revenues:
   United States
   Europe
   Asia/Pacific
   Latin America/Canadarevenues
   Less inter-geographic and other                                                                                            $                        3,972,815
                                                                                                                                                       1,341,738
                                                                                                                                                         735,094
                                                                                                                                                         503,591
                                                                                                                                                         (82,613)
                                                                                                                              $                        6,470,625
   Operating income:
   United States eliminations other income
   Europe and interest and other
   Asia/Pacific
   Latin America/Canada and
   Less corporate,
   (expense)                                                                                                                  $                          697,094
                                                                                                                                                         145,722
                                                                                                                                                         123,585
                                                                                                                                                          55,851
                                                                                                                                                        (123,162)
                                                                                                                              $                          899,090
   Assets:
   United States
   Europe
   Asia/Pacific
   Latin America/Canada and other                                                                                             $                        2,371,991
                                                                                                                                                         941,522
                                                                                                                                                         386,485
                                                                                                                                                         188,839
   Corporate cash assets
   Total identifiableand eliminations                                                                                                                  3,888,837
                                                                                                                                                          62,791
   Total assets                                                                                                               $                        3,951,628
$        1995
    2,997,864 $
      980,444
      515,652
      266,874             1994
                     2,432,684
                       927,269
                       283,421
                       146,294
$   4,760,834 $      3,789,668
$       6,396
       31,449 $
        5,438
           -             3,590
                         6,514
                            -
                         9,872
$      43,283    $      19,976
$   3,004,260
      985,882
      515,652
      298,323
      (43,283)   $   2,436,274
                       933,783
                       283,421
                       156,166
                       (19,976)
$   4,760,834    $   3,789,668
$     501,685
      113,800
       64,168
       37,721
      (67,510)   $     344,632
                       124,242
                        46,753
                        19,141
                       (44,174)
$     649,864 $        490,594
$   1,425,932 $
      831,468
      306,390
      383,263        1,171,948
                       487,085
                       197,067
                        79,549
    2,947,053
      195,692        1,935,649
                       438,166
$   3,142,745 $      2,373,815

								
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