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Net Income (Loss) per Share
 3 Months Ended
Jul. 29, 2016
Earnings Per Share [Abstract]  
Net Income (Loss) per Share

13. Net Income (Loss) per Share

The following is a calculation of basic and diluted net income (loss) per share (in millions, except per share amounts):

 

 

 

Three Months Ended

 

 

 

July 29,

2016

 

 

July 31,

2015

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

64

 

 

$

(30

)

Denominator:

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

279

 

 

 

304

 

Dilutive impact of employee equity award plans

 

 

3

 

 

 

—

 

Shares used in diluted computation

 

 

282

 

 

 

304

 

Net Income (Loss) per Share:

 

 

 

 

 

 

 

 

Basic

 

$

0.23

 

 

$

(0.10

)

Diluted

 

$

0.23

 

 

$

(0.10

)

We have excluded 15 million and 31 million weighted-average shares of common stock potentially issuable under employee equity award plans in the three months ended July 29, 2016 and July 31, 2015, respectively, from the diluted net income (loss) per share calculations as their effect would have been anti-dilutive.