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Net Income per Share (Tables)
6 Months Ended
Oct. 26, 2012
Computation Of Basic And Diluted Net Income Per Share

The following is a calculation of basic and diluted net income per share (in millions):

 

                                                                           
     Three Months Ended      Six Months Ended  
     October 26,
2012
     October 28,
2011
     October 26,
2012
     October 28,
2011
 

Numerator:

           

Net income

   $ 109.6       $ 165.6       $ 173.4       $ 305.1   

Denominator:

           

Shares used in basic computation

     362.0         361.5         364.1         365.9   

Dilutive potential shares related to employee equity award plans

     5.2         7.8         5.1         9.8   

Dilutive impact of assumed conversion of Notes

     1.0         6.7         0.5         11.1   

Dilutive impact of warrants

     0.0         0.0         0.0         4.0   
  

 

 

    

 

 

    

 

 

    

 

 

 

Shares used in diluted computation

     368.2         376.0         369.7         390.8   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net Income per Share:

           

Basic

   $ 0.30       $ 0.46       $ 0.48       $ 0.83   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

   $ 0.30       $ 0.44       $ 0.47       $ 0.78   
  

 

 

    

 

 

    

 

 

    

 

 

 
Anti-Dilutive Shares Excluded From The Calculation Of Net Income Per Share

The following potential weighted-average shares of common stock have been excluded from the diluted net income per share calculations, as their effect would have been anti-dilutive (in millions):

 

                                                                           
     Three Months Ended      Six Months Ended  
         October 26,    
2012
         October 28,    
2011
         October 26,    
2012
         October 28,    
2011
 

Employee equity award plans

     16.3         15.6         17.1         9.6