Net Income Per Common Share

Basic net income per common share attributable to Walmart is based on the weighted-average common shares outstanding during the relevant period. Diluted net income per common share 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 anti-dilutive and not included in the calculation of diluted net income per common share attributable to Walmart for the three months ended April 30, 2018 and 2017. The following table provides a reconciliation of the numerators and denominators used to determine basic and diluted net income per common share attributable to Walmart:



	Three Months Ended April 30,
(Amounts in millions, except per share data)	2018			2017
Numerator
Consolidated net income	$	2,276		$	3,152
Consolidated net income attributable to noncontrolling interest	(142		)	(113		)
Consolidated net income attributable to Walmart	$	2,134		$	3,039

Denominator
Weighted-average common shares outstanding, basic	2,950			3,035
Dilutive impact of stock options and other share-based awards	17			12
Weighted-average common shares outstanding, diluted	2,967			3,047

Net income per common share attributable to Walmart
Basic	$	0.72		$	1.00
Diluted	0.72			1.00