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Net Income per Share
 3 Months Ended
Jul. 28, 2017
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

 

 

 

July 28,

2017

 

 

July 29,

2016

 

Numerator:

 

 

 

 

 

 

 

 

Net income

 

$

136

 

 

$

64

 

Denominator:

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

270

 

 

 

279

 

Dilutive impact of employee equity award plans

 

 

8

 

 

 

3

 

Shares used in diluted computation

 

 

278

 

 

 

282

 

Net Income per Share:

 

 

 

 

 

 

 

 

Basic

 

$

0.50

 

 

$

0.23

 

Diluted

 

$

0.49

 

 

$

0.23

 

Potential shares from outstanding employee equity awards totaling 2 million and 15 million for the three months ended July 28, 2017 and July 29, 2016, respectively, were excluded from the diluted net income per share calculations as their inclusion would have been anti-dilutive.