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Net Income per Share
 6 Months Ended
Oct. 27, 2017
Earnings Per Share [Abstract]  
Net Income per Share

14. Net Income per Share

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

October 27,

2017

 

 

October 28,

2016

 

 

October 27,

2017

 

 

October 28,

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

175

 

 

$

109

 

 

$

311

 

 

$

173

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

269

 

 

 

278

 

 

 

270

 

 

 

278

 

Dilutive impact of employee equity award plans

 

 

6

 

 

 

6

 

 

 

7

 

 

 

5

 

Shares used in diluted computation

 

 

275

 

 

 

284

 

 

 

277

 

 

 

283

 

Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.65

 

 

$

0.39

 

 

$

1.15

 

 

$

0.62

 

Diluted

 

$

0.64

 

 

$

0.38

 

 

$

1.12

 

 

$

0.61

 

Potential shares from outstanding employee equity awards totaling 1 million and 5 million for the three months ended October 27, 2017 and October 28, 2016, respectively, and 2 million and 10 million for the six months ended October 27, 2017 and October 28, 2016, respectively, were excluded from the diluted net income per share calculations as their inclusion would have been anti-dilutive.