XML 44 R33.htm IDEA: XBRL DOCUMENT v3.20.2

Stockholders' Equity (Tables)

6 Months Ended

Oct. 30, 2020

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Information Related to Stock Options

Information related to our stock options is summarized below (in millions):

		Six Months Ended
		October 30, 2020				October 25, 2019
Intrinsic value of exercises		$	1			$	3
Proceeds received from exercises		$	2			$	2
Fair value of options vested		$	1			$	—

Activity Related to Restricted Stock Units Including Performance-Based Restricted Stock Units

The following table summarizes information related to our RSUs, including PBRSUs, (in millions, except fair value):

		Number of Shares				Weighted- Average Grant Date Fair Value
Outstanding as of April 24, 2020			7			$	51.40
Granted			5			$	39.44
Vested			(2	)		$	44.21
Forfeited			(1	)		$	52.26
Outstanding as of October 30, 2020			9			$	46.65

Number and Value of Shares Netted for Employee Taxes

The number and value of the shares netted for employee taxes are summarized in the table below (in millions):

		Six Months Ended
		October 30, 2020				October 25, 2019
Shares withheld for taxes			1				1
Fair value of shares withheld		$	34			$	74

Schedule of Employee Stock Purchase Plan (ESPP)

The following table summarizes activity related to the purchase rights issued under the ESPP (in millions):

		Six Months Ended
		October 30, 2020				October 25, 2019
Shares issued under the ESPP			1				1
Proceeds from issuance of shares		$	47			$	54

Stock-Based Compensation Expense

Stock-based compensation expense is included in the condensed consolidated statements of operations as follows (in millions):

		Three Months Ended								Six Months Ended
		October 30, 2020				October 25, 2019				October 30, 2020				October 25, 2019
Cost of product revenues		$	1			$	1			$	2			$	2
Cost of hardware maintenance and other services revenues			2				3				5				5
Sales and marketing			24				17				49				35
Research and development			15				13				34				28
General and administrative			7				6				13				12
Total stock-based compensation expense		$	49			$	40			$	103			$	82
Income tax benefit for stock-based compensation expense		$	8			$	4			$	12			$	8

Summary of Activities Related to Dividends on Common Stock

The following is a summary of our activities related to dividends on our common stock (in millions, except per share amounts):

		Six Months Ended
		October 30, 2020				October 25, 2019
Dividends per share declared		$	0.96			$	0.96
Dividend payments allocated to additional paid-in capital		$	30			$	226
Dividend payments allocated to retained earnings		$	184			$	—

Accumulated Other Comprehensive Income (Loss) by Component Net of Tax

Changes in accumulated other comprehensive income (loss) (AOCI) by component, net of tax, are summarized below (in millions):

		Foreign Currency Translation Adjustments				Defined Benefit Obligation Adjustments				Unrealized Gains (Losses) on Available- for-Sale Securities				Unrealized Gains (Losses) on Derivative Instruments				Total
Balance as of April 24, 2020		$	(42	)		$	(1	)		$	1			$	—			$	(42	)
Other comprehensive income (loss), net of tax			9				—				1				(8	)			2
Amounts reclassified from AOCI, net of tax			—				—				—				8				8
Total other comprehensive income (loss)			9				—				1				—				10
Balance as of October 30, 2020		$	(33	)		$	(1	)		$	2			$	—			$	(32	)

Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss)

The amounts reclassified out of AOCI are as follows (in millions):

		Three Months Ended								Six Months Ended
		October 30, 2020				October 25, 2019				October 30, 2020				October 25, 2019
		Amounts Reclassified from AOCI								Amounts Reclassified from AOCI								Statements of Operations Classification
Recognized gains on defined benefit     obligations		$	—			$	(1	)		$	—			$	(1	)		Operating expenses
Realized gains on available-for-sale securities			—				—				—				(14	)		Other income (expense), net
Realized losses on cash flow hedges			7				—				8				—			Net revenues
Total reclassifications		$	7			$	(1	)		$	8			$	(15	)

X

- Definition

Tabular disclosure of the shares withheld from the settlement of share-based awards when the employer settles employees' income tax withholding obligations. This represents the number of shares and the fair value of those shares withheld during the period.

+ References

No definition available.

+ Details

Name:	ntap_SharesWithHeldForEmployeeTaxesTableTextBlock
Namespace Prefix:	ntap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information related to dividends declared, including paid and unpaid dividends.

+ References

No definition available.

+ Details

Name:	us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

+ References

No definition available.

+ Details

Name:	us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580

+ Details

Name:	us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 14.F)
-URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the total intrinsic value of options exercised (or share units converted), share-based liabilities paid, and the total fair value of shares vested during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)(2)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of employee stock purchase plan activity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration