2.2.0.7 false Redeemable Preferred Stock 118 - Disclosure - Redeemable Preferred Stock true false false false 1 USD false false iso4217_USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 iso4217_USD_per_shares Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 $ 5 3 us-gaap_ScheduleOfRedeemablePreferredStockTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Note 10 &#x2014; Redeemable Preferred Stock</b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Sojitz America is the sole owner of the Company&#x2019;s authorized Redeemable Preferred Stock, $1 par value, which is redeemable at the option of Sojitz America or the Company at par value aggregating $0.3 million. A cumulative dividend of $0.10 per share is payable annually on May&#xA0;31 and no dividends may be declared or paid on the common stock of the Company unless dividends on the Redeemable Preferred Stock have been declared and paid in full. There have been no changes in the Redeemable Preferred Stock in the three years ended May&#xA0;31, 2010, 2009 and 2008. As the holder of the Redeemable Preferred Stock, Sojitz America does not have general voting rights but does have the right to vote as a separate class on the sale of all or substantially all of the assets of the Company and its subsidiaries, on merger, consolidation, liquidation or dissolution of the Company or on the sale or assignment of the NIKE trademark for athletic footwear sold in the United States.</font></p> </div> Note 10 &#x2014; Redeemable Preferred Stock Sojitz America is the sole owner of the Company&#x2019;s authorized Redeemable Preferred Stock, $1 par value, false false false us-types:textBlockItemType textblock Disclosure of capital stock of an entity that has priority and preferential rights over common stock in the distribution of dividends and in the event of liquidation of the entity, in addition to other types of preferences. This schedule describes redeemable preferred stock and applies to preferred stock and convertible preferred stock. Does not include preferred stock that are mandatorily redeemable for assets of the entity or represent an unconditional obligation that will be settled in a variable number of shares constituting a monetary value predominantly indexed to (a) a fixed monetary amount known at inception, (b) an amount inversely correlated with the residual value of the entity, or (c) an amount determined by reference to something other than the fair value of the issuer's stock. Includes stock that has the following features: (1) redeemable at a fixed or determinable price on a fixed or determinable date or dates; (2) redeemable at the option of the holder; or (3) has conditions for redemption which are not solely within the control of the issuer. This disclosure may include a description by series, value, shares authorized, issued and outstanding, carrying and redemption amounts, redemption price per share, dollar amount of shares subscribed but unissued, and subscriptions receivable. No authoritative reference available. false 1 1 false UnKnown UnKnown UnKnown false true