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Net Income Per Common Share
6 Months Ended
Jul. 31, 2015
Earnings Per Share [Abstract]  
Net income per common share
Net Income Per Common Share
Basic income per common share from continuing operations attributable to Walmart is based on the weighted-average common shares outstanding during the relevant period. Diluted income per common share from continuing operations attributable to Walmart is based on the weighted-average common shares outstanding during the relevant period adjusted for the dilutive effect of share-based awards. The Company did not have significant share-based awards outstanding that were antidilutive and not included in the calculation of diluted income per common share from continuing operations attributable to Walmart for the three and six months ended July 31, 2015 and 2014.
The following table provides a reconciliation of the numerators and denominators used to determine basic and diluted income per common share from continuing operations attributable to Walmart:
 
 
Three Months Ended July 31,
 
Six Months Ended July 31,
(Amounts in millions, except per share data)
 
2015
 
2014
 
2015
 
2014
Numerator
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
3,635

 
$
4,089

 
$
6,918

 
$
7,800

Income from continuing operations attributable to noncontrolling interest
 
(160
)
 
(166
)
 
(102
)
 
(295
)
Income from continuing operations attributable to Walmart
 
$
3,475

 
$
3,923

 
$
6,816

 
$
7,505

 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding, basic
 
3,221

 
3,230

 
3,226

 
3,231

Dilutive impact of stock options and other share-based awards
 
10

 
11

 
11

 
13

Weighted-average common shares outstanding, diluted
 
3,231

 
3,241

 
3,237

 
3,244


 
 
 
 
 
 
 
 
Income per common share from continuing operations attributable to Walmart
 
 
 
 
 
 
 
 
Basic
 
$
1.08

 
$
1.22

 
$
2.11

 
$
2.32

Diluted
 
1.08

 
1.21

 
2.11

 
2.31