Annual report pursuant to Section 13 and 15(d)

Net Income Per Share

v3.19.2
Net Income Per Share
 12 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
NET INCOME PER SHARE
NOTE 11 — NET INCOME PER SHARE
Basic net income per share is calculated by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income per share is calculated by using the weighted-average number of common shares outstanding during the period, increased to include the number of additional shares of common stock that would have been outstanding if the shares of common stock underlying our outstanding dilutive restricted stock units had been issued. The dilutive effect of outstanding restricted stock units is reflected in diluted net income per share by application of the treasury stock method.
The following table sets forth the computation of basic and diluted net income per share attributable to KLA:
(In thousands, except per share amounts)
Year ended June 30,
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
Net income attributable to KLA
$
1,175,617

 
$
802,265

 
$
926,076

Denominator:
 
 
 
 
 
Weighted-average shares-basic, excluding unvested restricted stock units
156,053

 
156,346

 
156,468

Effect of dilutive restricted stock units and options
896

 
1,032

 
1,013

Weighted-average shares-diluted
156,949

 
157,378

 
157,481

Basic net income per share attributable to KLA
$
7.53

 
$
5.13

 
$
5.92

Diluted net income per share attributable to KLA
$
7.49

 
$
5.10

 
$
5.88

Anti-dilutive securities excluded from the computation of diluted net income per share
227

 
—

 
46