XML 32 R21.htm IDEA: XBRL DOCUMENT v3.21.2
Net Income per Share
 3 Months Ended
Jul. 30, 2021
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

 

 

 

July 30,

2021

 

 

July 31,

2020

 

Numerator:

 

 

 

 

 

 

 

 

Net income

 

$

202

 

 

$

77

 

Denominator:

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

223

 

 

 

221

 

Dilutive impact of employee equity award plans

 

 

6

 

 

 

1

 

Shares used in diluted computation

 

 

229

 

 

 

222

 

Net Income per Share:

 

 

 

 

 

 

 

 

Basic

 

$

0.91

 

 

$

0.35

 

Diluted

 

$

0.88

 

 

$

0.35

 

No potential shares from outstanding employee awards were excluded from the diluted net income per share calculation for the three months ended July 30, 2021. Six million potential shares from outstanding employee equity awards were excluded from the diluted net income per share calculations for the three months ended July 31, 2020, as their inclusion would have been anti-dilutive.