SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
Amendment to Form 10-K
Filed pursuant to the Securities Exchange Act of 1934
NIKE, Inc.
(Exact name of registrant as specified in charter)
AMENDMENT NO. 1
The undersigned registrant hereby amends the following
portions of its Annual Report on Form 10-K for the fiscal year
ended May 31, 1995 as set forth below:
PART I, ITEM 2. BUSINESS, second paragraph is amended to
read as follows:
The Company's principal business activity involves
the design, development and worldwide marketing of high quality
footwear, apparel, and accessory products. The Company sells
its products to approximately 16,000 retail accounts in the
United States and through a mmix of independent distributors,
licensees and subsidiaries in approximately 110 countries
around the world. Virtually all of the Company's products are
manufactured by independent contractors. Most footwear products
are produced outside the United States, while apparel products
are produced both in the Untied States and abroad.
PART IV, ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES,
AND REPORTS ON FORM 8-K., 3. EXHIBITS, 10.2 is amended to read
as follows:
10.2 Amendment to Credit Agreement dated as of January 1, 1994
extending the termination date of the revolving credit
facility in Exhibit 10.1 to November 30, 1995
incorporated by reference from the Company's Annual
Report on Form 10-K for the fiscal year ended May 31,
1994).
PART IV, ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES,
AND REPORTS ON FORM 8-K., 3. EXHIBITS, add the following:
27. Financial Data Schedule
Pursuant to the requirements of the Securiities Exchange
Act of 1934, the registrant has duly caused this amendment to
be signed on its behalf by the undersigned, thereunto duly
authorized.
NIKE, Inc.
(Registrant)
Date: September 25, 1995 By /s/ Robert S. Falcone
Vice President and
Chief Financial Officer
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<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE MAY 31, 1995 FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAY-31-1995
<PERIOD-END> MAY-31-1995
<CASH> 216,071
<SECURITIES> 0
<RECEIVABLES> 1,053,237
<ALLOWANCES> 32,663
<INVENTORY> 629,742
<CURRENT-ASSETS> 2,045,928
<PP&E> 891,213
<DEPRECIATION> 336,334
<TOTAL-ASSETS> 3,142,745
<CURRENT-LIABILITIES> 1,107,535
<BONDS> 10,565
<COMMON> 2,853
0
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<OTHER-SE> 1,961,836
<TOTAL-LIABILITY-AND-EQUITY> 3,142,745
<SALES> 4,760,834
<TOTAL-REVENUES> 4,760,834
<CGS> 2,865,280
<TOTAL-COSTS> 2,865,280
<OTHER-EXPENSES> 1,208,938
<LOSS-PROVISION> 12,544
<INTEREST-EXPENSE> 24,208
<INCOME-PRETAX> 649,864
<INCOME-TAX> 250,200
<INCOME-CONTINUING> 399,664
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 399,664
<EPS-PRIMARY> 5.44
<EPS-DILUTED> 5.44
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