(a) Certain fiscal 2012 organizational reclassifications have been reflected retroactively to provide improved visibility and comparability. For each of the quarters in fiscal year 2011, the reclassifications resulted in the transfer of revenue and operating profit among the Services, Imaging and Printing Group, Enterprise Servers, Storage and Networking, Software and Corporate Investments financial reporting segments. Reclassifications between segments included the transfer of Indigo Scitex support and the LaserJet and enterprise solutions trade support businesses from Services to the Imaging and Printing Group, the transfer of the business intelligence services business from Corporate Investments to Services, the transfer of the information management services business from Software to Services, and the transfer of the Tipping Point business from Enterprise Servers, Storage and Networking to Software. There was no impact on the previously reported financial results for the Personal Systems Group and HP Financial Services segments.
HEWLETT-PACKARD COMPANY AND SUBSIDIARIES CALCULATION OF NET EARNINGS PER SHARE (Unaudited) (In millions except per share amounts) Three months ended ---------------------------------------------- January 31, October 31, January 31, 2012 2011 2011 -------------- -------------- -------------- Numerator: GAAP net earnings $ 1,468 $ 239 $ 2,605 ============== ============== ============== Non-GAAP net earnings $ 1,832 $ 2,350 $ 3,030 ============== ============== ============== Denominator: Weighted-average shares used to compute basic EPS 1,981 1,989 2,182 Dilutive effect of employee stock plans 17 16 44 -------------- -------------- -------------- Weighted-average shares used to compute diluted EPS 1,998 2,005 2,226 ============== ============== ============== GAAP net earnings per share: Basic(a) $ 0.74 $ 0.12 $ 1.19 Diluted(c) $ 0.73 $ 0.12 $ 1.17 Non-GAAP net earnings per share: Basic(b) $ 0.92 $ 1.18 $ 1.39 Diluted(c) $ 0.92 $ 1.17 $ 1.36