(b) "NM" represents not meaningful.
HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY
(Unaudited)
| Three months ended | Change (pts) | |||||||||||
| October 31, 2022 | July 31, 2022 | October 31, 2021 | Q/Q | Y/Y | ||||||||
| Segment operating margin: | ||||||||||||
| Personal Systems | 4.5 | % | 6.9 | % | 6.5 | % | (2.4)pts | (2.0)pts | ||||
| Printing | 19.9 | % | 19.9 | % | 17.0 | % | — | 2.9 pts | ||||
| Corporate Investments(a) | NM | NM | NM | NM | NM | |||||||
| Total segment | 8.9 | % | 10.6 | % | 9.5 | % | (1.7)pts | (0.6)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 | |||||||||||
| October 31, 2022 | July 31, 2022 | October 31, 2021 | |||||||||
| Numerator: | |||||||||||
| GAAP net (loss) earnings | $ | (2 | ) | $ | 1,119 | $ | 3,099 | ||||
| Non-GAAP net earnings | $ | 855 | $ | 1,079 | $ | 1,076 | |||||
| Denominator: | |||||||||||
| Weighted-average shares used to compute basic net earnings per share | 998 | 1,024 | 1,128 | ||||||||
| Dilutive effect of employee stock plans (a) | 11 | 11 | 14 | ||||||||
| Weighted-average shares used to compute diluted net earnings per share | 1,009 | 1,035 | 1,142 | ||||||||
| GAAP diluted net earnings per share | $ | — | $ | 1.08 | $ | 2.71 | |||||
| Non-GAAP diluted net earnings per share | $ | 0.85 | $ | 1.04 | $ | 0.94 | |||||
