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Net Income per Share
 6 Months Ended
Oct. 26, 2018
Earnings Per Share [Abstract]  
Net Income per Share

13. 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 26,

2018

 

 

October 27,

2017

 

 

October 26,

2018

 

 

October 27,

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

241

 

 

$

174

 

 

$

524

 

 

$

305

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in basic computation

 

 

258

 

 

 

269

 

 

 

260

 

 

 

270

 

Dilutive impact of employee equity award plans

 

 

6

 

 

 

6

 

 

 

7

 

 

 

7

 

Shares used in diluted computation

 

 

264

 

 

 

275

 

 

 

267

 

 

 

277

 

Net Income per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.93

 

 

$

0.65

 

 

$

2.02

 

 

$

1.13

 

Diluted

 

$

0.91

 

 

$

0.63

 

 

$

1.96

 

 

$

1.10

 

No potential shares from outstanding employee equity awards were excluded from the diluted net income per share calculation for the three or six months ended October 26, 2018. For the three and six months ended October 27, 2017, 1 million and 2 million potential shares from outstanding awards, respectively, were excluded from the calculation as their inclusion would have been anti-dilutive.