HPE Reports Fiscal 2018 Full-Year and Fourth Quarter Results

(a) GAAP diluted net earnings per share reflects any dilutive effect of restricted stock awards, stock options and performance-based awards, but the effect is excluded when calculating GAAP diluted net (loss) per share because it would be anti-dilutive.

(b) Non-GAAP diluted net earnings per share reflects any dilutive effect of restricted stock awards, stock options and performance-based awards.


HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS (LOSS) PER SHARE
(Unaudited)
(In millions, except per share amounts)
  
  Twelve months ended October 31,
  2018  2017
Numerator:   
GAAP net earnings from continuing operations$2,012  $436 
GAAP net loss from discontinued operations$(104) $(92)
Non-GAAP net earnings from continuing operations$2,418  $1,608 
Non-GAAP net earnings from discontinued operations$  $751 
    
Denominator:   
Weighted-average shares used to compute basic net earnings (loss) per share and diluted net earnings (loss) per share1,529  1,646 
Dilutive effect of employee stock plans(a)24  28 
Weighted-average shares used to compute diluted net earnings (loss) per share1,553  1,674 
    
GAAP net earnings per share from continuing operations   
Basic$1.32  $0.26 
Diluted(a)$1.30  $0.26 
    
GAAP net loss per share from discontinued operations   
Basic$(0.07) $(0.05)
Diluted(a)$(0.07) $(0.05)
    
Non-GAAP net earnings per share from continuing operations   
Basic$1.58  $0.98 
Diluted(b)$1.56  $0.96 
    
Non-GAAP net earnings per share from discontinued operations   
Basic$  $0.45 
Diluted(b)$  $0.45 
    
Total Hewlett Packard Enterprise GAAP basic net earnings per share$1.25  $0.21 
Total Hewlett Packard Enterprise GAAP diluted net earnings per share$1.23  $0.21 
Total Hewlett Packard Enterprise Non-GAAP basic net earnings per share$1.58  $1.43 
Total Hewlett Packard Enterprise Non-GAAP diluted net earnings per share$1.56  $1.41 

(a) GAAP diluted net earnings per share reflects any dilutive effect of restricted stock awards, stock options and performance-based awards, but the effect is excluded when calculating GAAP diluted net (loss) per share because it would be anti-dilutive.

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