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Net Income Per Share
 6 Months Ended
Sep. 28, 2018
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share
Basic income per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted net income per share also includes the incremental effect of dilutive potentially issuable common shares outstanding during the period using the treasury stock method. Dilutive potentially issuable common shares includes the dilutive effect of the shares underlying convertible debt and employee equity awards. Diluted loss per share was the same as basic loss per share for each of the three and six months ended September 28, 2018 and September 29, 2017, as there was a loss from continuing operations in the periods and inclusion of potentially issuable shares was anti-dilutive.
The components of basic and diluted net income (loss) per share are as follows:
 
Three Months Ended
 
Six Months Ended
(In millions, except per share amounts)
September 28,
2018
 
September 29,
2017
 
September 28,
2018
 
September 29,
2017
Loss from continuing operations
$
(8
)
 
$
(16
)
 
$
(73
)
 
$
(126
)
Income (loss) from discontinued operations, net of income taxes
—

 
4

 
5

 
(19
)
Net loss
$
(8
)
 
$
(12
)
 
$
(68
)
 
$
(145
)
Income (loss) per share - basic and diluted:
 
 
 
 
 
 
 
Continuing operations
$
(0.01
)
 
$
(0.03
)
 
$
(0.12
)
 
$
(0.21
)
Discontinued operations
$
—

 
$
0.01

 
$
0.01

 
$
(0.03
)
Net loss per share - basic and diluted
$
(0.01
)
 
$
(0.02
)
 
$
(0.11
)
 
$
(0.24
)
 
 
 
 
 
 
 
 
Weighted-average shares outstanding - basic and diluted
630

 
615

 
627

 
612

 
 
 
 
 
 
 
 
Anti-dilutive shares excluded from diluted net income per share calculation:
 
 
 
 
 
 
 
Convertible debt
91

 
91

 
91

 
91

Employee equity awards
50

 
54

 
50

 
54

Total
141

 
145

 
141

 
145


Under the treasury stock method, our Convertible Senior Notes will generally have a dilutive impact on net income per share when our average stock price for the period exceeds approximately $16.77 per share for the 2.5% Convertible Senior Notes and $20.41 per share for the 2.0% Convertible Senior Notes. The conversion feature of both notes was anti-dilutive during the three and six months ended September 28, 2018 and September 29, 2017 as there was a loss from continuing operations in the periods.