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Net Income per Share
6 Months Ended
Oct. 28, 2016
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 28,

2016

 

 

October 30,

2015

 

 

October 28,

2016

 

 

October 30,

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

109

 

 

$

114

 

 

$

173

 

 

$

84

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

278

 

 

 

294

 

 

 

278

 

 

 

299

 

Dilutive impact of employee equity award plans

 

 

6

 

 

 

2

 

 

 

5

 

 

 

3

 

Shares used in diluted computation

 

 

284

 

 

 

296

 

 

 

283

 

 

 

302

 

Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.39

 

 

$

0.39

 

 

$

0.62

 

 

$

0.28

 

Diluted

 

$

0.38

 

 

$

0.39

 

 

$

0.61

 

 

$

0.28

 

We have excluded 5 million and 19 million weighted-average shares of common stock potentially issuable under employee equity award plans in the three months ended October 28, 2016 and October 30, 2015, respectively, and 10 million and 14 million shares of common stock potentially issuable under employee equity award plans in the six months ended October 28, 2016 and October 30, 2015, respectively, from the diluted net income per share calculations as their effect would have been anti-dilutive.