(b) "NM" represents not meaningful.
HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE (Unaudited) (In millions, except per share amounts) | |||||||||||
Three months ended | |||||||||||
October 31,
2017 |
July 31,
2017 |
October 31,
2016 | |||||||||
Numerator: | |||||||||||
GAAP net earnings from continuing operations | $ | 660 | $ | 696 | $ | 513 | |||||
Non-GAAP net earnings | $ | 749 | $ | 735 | $ | 614 | |||||
Denominator: | |||||||||||
Weighted-average shares used to compute basic net earnings per share | 1,670 | 1,681 | 1,712 | ||||||||
Dilutive effect of employee stock plans(a) | 17 | 14 | 17 | ||||||||
Weighted-average shares used to compute diluted net earnings per share | 1,687 | 1,695 | 1,729 | ||||||||
GAAP diluted net earnings per share from continuing operations | $ | 0.39 | $ | 0.41 | $ | 0.30 | |||||
Non-GAAP diluted net earnings per share | $ | 0.44 | $ | 0.43 | $ | 0.36 | |||||
(a) Includes any dilutive effect of restricted stock units, stock options and performance-based awards.
HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE (Unaudited) (In millions, except per share amounts) | |||||||
Twelve months ended October 31, | |||||||
2017 | 2016 | ||||||
Numerator: | |||||||
GAAP net earnings from continuing operations | $ | 2,526 | $ | 2,666 | |||
Non-GAAP net earnings | $ | 2,815 | $ | 2,787 | |||
Denominator: | |||||||
Weighted-average shares used to compute basic net earnings per share | 1,688 | 1,730 | |||||
Dilutive effect of employee stock plans(a) | 14 | 13 | |||||
Weighted-average shares used to compute diluted net earnings per share | 1,702 | 1,743 | |||||
GAAP diluted net earnings per share from continuing operations | $ | 1.48 | $ | 1.53 | |||
Non-GAAP diluted net earnings per share | $ | 1.65 | $ | 1.60 | |||