HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY
(Unaudited)
| Three months ended | Change (pts) | ||||||||||
| January 31, 2021 | October 31, 2020 | January 31, 2020 | Q/Q | Y/Y | |||||||
| Segment operating margin: | |||||||||||
| Personal Systems | 7.1% | 5.1% | 6.7% | 2.0 pts | 0.4 pts | ||||||
| Printing | 19.8% | 14.8% | 16.0% | 5.0 pts | 3.8 pts | ||||||
| Corporate Investments(a) | NM | NM | NM | NM | NM | ||||||
| Total segment | 11.1% | 8.0% | 9.6% | 3.1 pts | 1.5 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 | |||||||||||
| January 31, 2021 | October 31, 2020 | January 31, 2020 | |||||||||
| Numerator: | |||||||||||
| GAAP net earnings | $ | 1,068 | $ | 668 | $ | 678 | |||||
| Non-GAAP net earnings | $ | 1,188 | $ | 835 | $ | 956 | |||||
| Denominator: | |||||||||||
| Weighted-average shares used to compute basic net earnings per share | 1,285 | 1,347 | 1,454 | ||||||||
| Dilutive effect of employee stock plans (a) | 8 | 9 | 6 | ||||||||
| Weighted-average shares used to compute diluted net earnings per share | 1,293 | 1,356 | 1,460 | ||||||||
| GAAP diluted net earnings per share | $ | 0.83 | $ | 0.49 | $ | 0.46 | |||||
| Non-GAAP diluted net earnings per share | $ | 0.92 | $ | 0.62 | $ | 0.65 | |||||
