Net Income per Share (Tables)

12 Months Ended

Apr. 25, 2014

Computation of Basic and Diluted Net Income Per Share

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

	Year Ended
	April 25, 2014		April 26, 2013		April 27, 2012
Numerator:
Net Income	$	637.5	$	505.3	$	605.4
Denominator:
Shares used in basic computation		340.3		361.5		363.9
Dilutive potential shares related to employee equity award plans		6.9		5.4		8.8
Dilutive impact of assumed conversion of Convertible Notes		0.5		1.1		9.4
Dilutive impact of warrants		0.2		0.0		2.2
Shares used in diluted computation		347.9		368.0		384.3
Net Income per Share:
Basic	$	1.87	$	1.40	$	1.66
Diluted	$	1.83	$	1.37	$	1.58

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):

	Year Ended
	April 25, 2014		April 26, 2013		April 27, 2012
Employee equity award plans		6.4		15.1		9.9