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Net Income per Share (Tables)
9 Months Ended
Jan. 29, 2016
Earnings Per Share [Abstract]  
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):

 

 

 

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