KLA Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

NET INCOME PER SHARE

NET INCOME PER SHARE

9 Months Ended

Mar. 31, 2025

Basic net income per share is calculated by dividing net income available to common stockholders by the weighted-average number of shares of common stock outstanding during the period. Diluted net income per share is calculated by using the weighted-average number of shares of common stock 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 RSUs had been issued. The dilutive effect of outstanding RSUs 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:


(In thousands, except per share amounts)	Three Months Ended March 31,				Nine Months Ended March 31,
	2025		2024		2025		2024
Numerator:
Net income	$	1,088,416	$	601,541	$	2,858,794	$	1,925,450
Denominator:
Weighted-average shares - basic, excluding unvested RSUs	132,607		134,954		133,361		135,638
Effect of dilutive RSUs and options	696		902		705		790
Weighted-average shares - diluted	133,303		135,856		134,066		136,428
Basic net income per share	$	8.21	$	4.46	$	21.44	$	14.20
Diluted net income per share	$	8.16	$	4.43	$	21.32	$	14.11
Anti-dilutive securities excluded from the computation of diluted net income per share	5		—		39		1