EARNINGS PER SHARE (Tables)

3 Months Ended

Apr. 30, 2021

Computation of basic and diluted earnings (loss) per share and reconciliation to consolidated net income (loss)

The following table presents the basic and diluted earnings per share for the periods indicated:


	Three Months Ended
	April 30, 2021		May 1, 2020
Earnings per share attributable to Dell Technologies Inc.
Dell Technologies Common Stock — Basic	$	1.17	$	0.19
Dell Technologies Common Stock — Diluted	$	1.13	$	0.19

The following table presents the computation of basic and diluted earnings per share for the periods indicated:


	Three Months Ended
	April 30, 2021		May 1, 2020
	(in millions)
Numerator: Dell Technologies Common Stock
Net income attributable to Dell Technologies — basic	$	887	$	143
Incremental dilution from VMware, Inc. attributable to Dell Technologies (a)	(2)		(2)
Net income attributable to Dell Technologies — diluted	$	885	$	141

Denominator: Dell Technologies Common Stock weighted-average shares outstanding
Weighted-average shares outstanding — basic	757		740
Dilutive effect of options, restricted stock units, restricted stock, and other	25		15
Weighted-average shares outstanding — diluted	782		755
Weighted-average shares outstanding — antidilutive	—		8

____________________

(a)The incremental dilution from VMware, Inc. represents the impact of VMware, Inc.’s dilutive securities on diluted earnings per share of Dell Technologies Common Stock, and is calculated by multiplying the difference between VMware, Inc.’s basic and diluted earnings per share by the number of shares of VMware, Inc. common stock held by the Company. For both periods presented, there was no incremental dilution from Secureworks due to its net loss position.