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Microsoft Excel LibreOffice Calc


Income Statement

Difficulty: Beginner

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Costco Wholesale Corp., Consolidated Income Statement

USD $ in millions

Microsoft Excel LibreOffice Calc
12 months ended Sep 2, 2018 Sep 3, 2017 Aug 28, 2016 Aug 30, 2015 Aug 31, 2014 Sep 1, 2013
Net sales hidden hidden hidden hidden hidden hidden
Merchandise costs hidden hidden hidden hidden hidden hidden
Gross margin hidden hidden hidden hidden hidden hidden
Membership fees hidden hidden hidden hidden hidden hidden
Selling, general and administrative hidden hidden hidden hidden hidden hidden
Preopening expenses hidden hidden hidden hidden hidden hidden
Operating income hidden hidden hidden hidden hidden hidden
Interest expense hidden hidden hidden hidden hidden hidden
Interest income hidden hidden hidden hidden hidden hidden
Foreign-currency transactions gains (losses), net hidden hidden hidden hidden hidden hidden
Other, net hidden hidden hidden hidden hidden hidden
Interest income and other, net hidden hidden hidden hidden hidden hidden
Other income (expense) hidden hidden hidden hidden hidden hidden
Income before income taxes hidden hidden hidden hidden hidden hidden
Provision for income taxes hidden hidden hidden hidden hidden hidden
Net income including noncontrolling interests hidden hidden hidden hidden hidden hidden
Net income attributable to noncontrolling interests hidden hidden hidden hidden hidden hidden
Net income attributable to Costco hidden hidden hidden hidden hidden hidden

Based on: 10-K (filing date: 2018-10-26), 10-K (filing date: 2017-10-18), 10-K (filing date: 2016-10-12), 10-K (filing date: 2015-10-14), 10-K (filing date: 2014-10-15), 10-K (filing date: 2013-10-16).

Item Description The company
Net sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Costco Wholesale Corp.’s net sales increased from 2016 to 2017 and from 2017 to 2018.
Operating income The net result for the period of deducting operating expenses from operating revenues. Costco Wholesale Corp.’s operating income increased from 2016 to 2017 and from 2017 to 2018.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Costco Wholesale Corp.’s income before income taxes increased from 2016 to 2017 and from 2017 to 2018.
Net income attributable to Costco The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Costco Wholesale Corp.’s net income attributable to Costco increased from 2016 to 2017 and from 2017 to 2018.