Net Income Per Share

3 Months Ended

Mar. 31, 2020

The following table sets forth the computation of basic and diluted net income per share of Class A and Class B common stock and Class C capital stock (in millions, except share amounts which are reflected in thousands, and per share amounts, unaudited):


	Three Months Ended March 31,
	2019										2020
	Class A		Class B		Class C		Class A		Class B		Class C
Basic net income per share:
Numerator
Allocation of undistributed earnings	$	2,865	$	446	$	3,346	$	2,990	$	462	$	3,384

Denominator
Number of shares used in per share computation	299,042		46,582		349,245		300,249		46,424		339,792



Basic net income per share	$	9.58	$	9.58	$	9.58	$	9.96	$	9.96	$	9.96
Diluted net income per share:
Numerator

Allocation of undistributed earnings for basic computation	$	2,865	$	446	$	3,346	$	2,990	$	462	$	3,384


Reallocation of undistributed earnings as a result of conversion of Class B to Class A shares	446		0		0		462		0		0
Reallocation of undistributed earnings	(23)		(4)		23		(27)		(4)		27
Allocation of undistributed earnings	$	3,288	$	442	$	3,369	$	3,425	$	458	$	3,411




Denominator
Number of shares used in basic computation	299,042		46,582		349,245		300,249		46,424		339,792
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A common shares outstanding	46,582		0		0		46,424		0		0

Restricted stock units and other contingently issuable shares	510		0		5,500		180		0		5,622
Number of shares used in per share computation	346,134		46,582		354,745		346,853		46,424		345,414



Diluted net income per share	$	9.50	$	9.50	$	9.50	$	9.87	$	9.87	$	9.87

For the periods presented above, the net income per share amounts are the same for Class A and Class B common stock and Class C capital stock because the holders of each class are entitled to equal per share dividends or distributions in liquidation in accordance with the Amended and Restated Certificate of Incorporation of Alphabet Inc.