KLA Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share

Net Income Per Share

6 Months Ended

Dec. 31, 2019

NOTE 12 – 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)	Three Months Ended December 31,				Six Months Ended December 31,
(In thousands, except per share amounts)	2019		2018		2019		2018
Numerator:
Net income attributable to KLA	$	380,555	$	369,100	$	727,080	$	765,044
Denominator:
Weighted-average shares-basic, excluding unvested restricted stock units	157,290		152,148		157,994		153,684
Effect of dilutive restricted stock units and options	1,330		500		1,320		705
Weighted-average shares-diluted	158,620		152,648		159,314		154,389
Basic net income per share attributable to KLA	$	2.42	$	2.43	$	4.60	$	4.98
Diluted net income per share attributable to KLA	$	2.40	$	2.42	$	4.56	$	4.96
Anti-dilutive securities excluded from the computation of diluted net income per share	43		341		25		280