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Net Income per Share
6 Months Ended
Oct. 30, 2015
Earnings Per Share [Abstract]  
Net Income per Share

13. Net Income per Share

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

October 30,

2015

 

 

October 24,

2014

 

 

October 30,

2015

 

 

October 24,

2014

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

114

 

 

$

160

 

 

$

84

 

 

$

248

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

294

 

 

 

318

 

 

 

299

 

 

 

321

 

Dilutive impact of employee equity award plans

 

 

2

 

 

 

5

 

 

 

3

 

 

 

5

 

Shares used in diluted computation

 

 

296

 

 

 

323

 

 

 

302

 

 

 

326

 

Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.39

 

 

$

0.50

 

 

$

0.28

 

 

$

0.77

 

Diluted

 

$

0.39

 

 

$

0.49

 

 

$

0.28

 

 

$

0.76

 

We have excluded 19 million and 7 million weighted-average shares of common stock potentially issuable under employee equity award plans in the three months ended October 30, 2015 and October 24, 2014, respectively, and 14 million and 8 million shares of common stock potentially issuable under employee equity award plans in the six months ended October 30, 2015 and October 24, 2014, respectively, from the diluted net income per share calculations as their effect would have been anti-dilutive.