XML 77 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share (Notes)
 3 Months Ended
May 03, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 13 — EARNINGS PER SHARE
Basic earnings per share is based on the weighted-average effect of all common shares issued and outstanding and is calculated by dividing net income by the weighted-average shares outstanding during the period. Diluted earnings per share is calculated by dividing net income by the weighted-average number of common shares used in the basic earnings per share calculation plus the number of common shares that would be issued assuming exercise or conversion of all potentially dilutive common shares outstanding. Dell excludes equity instruments from the calculation of diluted earnings per share if the effect of including such instruments is anti-dilutive. Accordingly, certain stock-based incentive awards have been excluded from the calculation of diluted earnings per share, totaling 83 million and 106 million common shares for the three months ended May 3, 2013, and May 4, 2012, respectively.
The following table sets forth the computation of basic and diluted earnings per share for the three months ended May 3, 2013, and May 4, 2012:
 
 
Three Months Ended
 
 
May 3,
2013
 
May 4,
2012
 
 
(in millions, except per share amounts)
Numerator:
 
 

 
 

Net income
 
$
130

 
$
635

Denominator:
 
 

 
 

Weighted-average shares outstanding:
 
 

 
 

Basic
 
1,748

 
1,759

Effect of dilutive options, restricted stock units, restricted stock, and other
 
13

 
15

Diluted
 
1,761

 
1,774

Earnings per share:
 
 

 
 

Basic
 
$
0.07

 
$
0.36

Diluted
 
$
0.07

 
$
0.36