KLA Corporation Annual report pursuant to Section 13 and 15(d)

Net Income Per Share (Tables)

12 Months Ended

Jun. 30, 2017

The following table sets forth the computation of basic and diluted net income per share:



(In thousands, except per share amounts)	Year ended June 30,
(In thousands, except per share amounts)	2017		2016		2015
Numerator:
Net income	$	926,076	$	704,422	$	366,158
Denominator:
Weighted-average shares-basic, excluding unvested restricted stock units	156,468		155,869		162,282
Effect of dilutive restricted stock units and options ⁽¹⁾	1,013		910		1,419
Weighted-average shares-diluted	157,481		156,779		163,701
Basic net income per share	$	5.92	$	4.52	$	2.26
Diluted net income per share	$	5.88	$	4.49	$	2.24
Anti-dilutive securities excluded from the computation of diluted net income per share	46		9		36

_________________

(1) The Company has not had any outstanding stock options since August 2016.