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Net Income per Share
 3 Months Ended
Jul. 27, 2018
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 27,

2018

 

 

July 28,

2017

 

Numerator:

 

 

 

 

 

 

 

 

Net income

 

$

283

 

 

$

131

 

Denominator:

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

262

 

 

 

270

 

Dilutive impact of employee equity award plans

 

 

7

 

 

 

8

 

Shares used in diluted computation

 

 

269

 

 

 

278

 

Net Income per Share:

 

 

 

 

 

 

 

 

Basic

 

$

1.08

 

 

$

0.49

 

Diluted

 

$

1.05

 

 

$

0.47

 

No potential shares from outstanding employee equity awards were excluded from the diluted net income per share calculation for the three months ended July 27, 2018. For the three months ended July 28, 2017, 2 million potential shares from outstanding awards were excluded from the calculation as their inclusion would have been anti-dilutive.