HP Inc. Reports Fiscal 2021 Full Year and Fourth Quarter Results

(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, 2021  October 31, 2020
Numerator:   
GAAP net earnings$6,503  $2,844 
Non-GAAP net earnings$4,620  $3,234 
    
Denominator:   
Weighted-average shares used to compute basic net earnings per share1,208  1,413 
Dilutive effect of employee stock plans(a)12  7 
Weighted-average shares used to compute diluted net earnings per share1,220  1,420 
    
GAAP diluted net earnings per share$5.33  $2.00 
Non-GAAP diluted net earnings per share $ 3.79     $ 2.28  

(a) Includes any dilutive effect of restricted stock units, stock options and performance-based awards.

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