Net Income per Share

9 Months Ended

Jan. 29, 2016

Earnings Per Share [Abstract]

Net Income per Share

14. 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				Nine Months Ended
	January 29, 2016		January 23, 2015		January 29, 2016		January 23, 2015
Numerator:
Net income	$	153	$	177	$	237	$	425
Denominator:
Shares used in basic computation		293		312		297		318
Dilutive impact of employee equity award plans		3		5		3		5
Shares used in diluted computation		296		317		300		323
Net Income per Share:
Basic	$	0.52	$	0.57	$	0.80	$	1.34
Diluted	$	0.52	$	0.56	$	0.79	$	1.31

We have excluded 11 million and 7 million weighted-average shares of common stock potentially issuable under employee equity award plans in the three months ended January 29, 2016 and January 23, 2015, respectively, and 13 million and 8 million shares of common stock potentially issuable under employee equity award plans in the nine months ended January 29, 2016 and January 23, 2015, respectively, from the diluted net income per share calculations as their effect would have been anti-dilutive.