HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY (Unaudited) | |||||||||||||||||||
Three months ended | Change (pts) | ||||||||||||||||||
July 31, 2020 | April 30, 2020 | July 31, 2019 | Q/Q | Y/Y | |||||||||||||||
Segment operating margin: | |||||||||||||||||||
Personal Systems | 5.5 | % | 6.6 | % | 5.6 | % | (1.1 | ) | pts | (0.1 | ) | pts | |||||||
Printing | 12.2 | % | 13.2 | % | 15.6 | % | (1.0 | ) | pts | (3.4 | ) | pts | |||||||
Corporate Investments(a) | NM | NM | NM | NM | NM | ||||||||||||||
Total segment | 7.2 | % | 8.7 | % | 8.8 | % | (1.5 | ) | pts | (1.6 | ) | 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 | |||||||||||
July 31, 2020 | April 30, 2020 | July 31, 2019 | |||||||||
Numerator: | |||||||||||
GAAP net earnings | $ | 734 | $ | 764 | $ | 1,179 | |||||
Non-GAAP net earnings | $ | 702 | $ | 741 | $ | 880 | |||||
Denominator: | |||||||||||
Weighted-average shares used to compute basic net earnings per share | 1,417 | 1,435 | 1,499 | ||||||||
Dilutive effect of employee stock plans (a) | 6 | 5 | 9 | ||||||||
Weighted-average shares used to compute diluted net earnings per share | 1,423 | 1,440 | 1,508 | ||||||||
GAAP diluted net earnings per share | $ | 0.52 | $ | 0.53 | $ | 0.78 | |||||
Non-GAAP diluted net earnings per share | $ | 0.49 | $ | 0.51 | $ | 0.58 |