HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY (Unaudited) | ||||||||||||||
Three months ended | Change (pts) | |||||||||||||
April 30, 2020 | January 31, 2020 | April 30, 2019 | Q/Q | Y/Y | ||||||||||
Segment operating margin: | ||||||||||||||
Personal Systems | 6.6 | % | 6.7 | % | 4.3 | % | (0.1 | )pts | 2.3 | pts | ||||
Printing | 13.2 | % | 16.0 | % | 16.4 | % | (2.8 | )pts | (3.2 | )pts | ||||
Corporate Investments(a) | NM | NM | NM | NM | NM | |||||||||
Total segment | 8.7 | % | 9.6 | % | 8.5 | % | (0.9 | )pts | 0.2 | pts |
(a) "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 | |||||||||||
April 30, 2020 | January 31, 2020 | April 30, 2019 | |||||||||
Numerator: | |||||||||||
GAAP net earnings | $ | 764 | $ | 678 | $ | 782 | |||||
Non-GAAP net earnings | $ | 741 | $ | 956 | $ | 821 | |||||
Denominator: | |||||||||||
Weighted-average shares used to compute basic net earnings per share | 1,435 | 1,454 | 1,529 | ||||||||
Dilutive effect of employee stock plans (a) | 5 | 6 | 7 | ||||||||
Weighted-average shares used to compute diluted net earnings per share | 1,440 | 1,460 | 1,536 | ||||||||
GAAP diluted net earnings per share | $ | 0.53 | $ | 0.46 | $ | 0.51 | |||||
Non-GAAP diluted net earnings per share | $ | 0.51 | $ | 0.65 | $ | 0.53 |