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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 (quarterly data)
USD $ in millions
|3 months ended||May 13, 2018||Feb 18, 2018||Nov 26, 2017||Sep 3, 2017||May 7, 2017||Feb 12, 2017||Nov 20, 2016||Aug 28, 2016||May 8, 2016||Feb 14, 2016||Nov 22, 2015||Aug 30, 2015||May 10, 2015||Feb 15, 2015||Nov 23, 2014||Aug 31, 2014||May 11, 2014||Feb 16, 2014||Nov 24, 2013||Sep 1, 2013||May 12, 2013||Feb 17, 2013||Nov 25, 2012||Sep 2, 2012||May 6, 2012||Feb 12, 2012||Nov 20, 2011|
|Selling, general and administrative|
|Interest income and other, net|
|Other income (expense)|
|Income before income taxes|
|Provision for income taxes|
|Net income including noncontrolling interests|
|Net income attributable to noncontrolling interests|
|Net income attributable to Costco|
|Net sales||Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains.||Costco Wholesale Corp.'s net sales increased from Q1 2018 to Q2 2018 but then slightly declined from Q2 2018 to Q3 2018 not reaching Q1 2018 level.|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Costco Wholesale Corp.'s operating income increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.|
|Income before income taxes||Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest.||Costco Wholesale Corp.'s income before income taxes increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.|
|Net income including noncontrolling interests||The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.||Costco Wholesale Corp.'s net income including noncontrolling interests increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.|
|Net income attributable to Costco||The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes.||Costco Wholesale Corp.'s net income attributable to Costco increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.|