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Net Income per Share (Tables)
3 Months Ended
Jul. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted 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

 

 

July 31,

2020

 

 

July 26,

2019

 

Numerator:

 

 

 

 

 

 

 

Net income

$

77

 

 

$

103

 

Denominator:

 

 

 

 

 

 

 

Shares used in basic computation

 

221

 

 

 

239

 

Dilutive impact of employee equity award plans

 

1

 

 

 

4

 

Shares used in diluted computation

 

222

 

 

 

243

 

Net Income per Share:

 

 

 

 

 

 

 

Basic

$

0.35

 

 

$

0.43

 

Diluted

$

0.35

 

 

$

0.42