Net Income Per Share
3 Months Ended
Apr. 30, 2021
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per ShareBasic net income per share is computed by dividing net income by the weighted-average number of common stock outstanding during the period. Diluted net income per share is computed by dividing net income by the weighted-average number of common stock outstanding and potentially dilutive securities outstanding during the period, as calculated using the treasury stock method. Potentially dilutive securities primarily include unvested restricted stock units (“RSUs”), including performance stock unit (“PSU”) awards, and stock options, including purchase options under VMware’s employee stock purchase plan. Securities are excluded from the computation of diluted net income per share if their effect would be anti-dilutive. VMware uses the two-class method to calculate net income per share. Since both classes share the same rights in dividends, basic and diluted earnings per share are the same for both classes.
The following table sets forth the computations of basic and diluted net income per share during the periods presented (table in millions, except per share amounts and shares in thousands):
Three Months Ended
 April 30,May 1,
 20212020
Net income attributable to VMware, Inc.$425 $386 
Weighted-average shares, basic for Classes A and B419,116 418,383 
Effect of other dilutive securities2,922 3,130 
Weighted-average shares, diluted for Classes A and B422,038 421,513 
Net income per weighted-average share, basic for Classes A and B$1.01 $0.92 
Net income per weighted-average share, diluted for Classes A and B$1.01 $0.92 
The following table sets forth the weighted-average common share equivalents of Class A common stock that were excluded from the diluted net income per share calculations during the periods presented because their effect would have been anti-dilutive (shares in thousands):
Three Months Ended
April 30,May 1,
20212020
Anti-dilutive securities:
Employee stock options40 550 
Restricted stock units513 6,167 
Total553 6,717