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

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share

3 Months Ended

Apr. 02, 2022


Note 3 :			Earnings Per Share

We computed basic earnings per share of common stock based on the weighted average number of shares of common stock outstanding during the period. We computed diluted earnings per share of common stock based on the weighted average number of shares of common stock outstanding plus potentially dilutive shares of common stock outstanding during the period.


	Three Months Ended
(In Millions, Except Per Share Amounts)	Apr 2, 2022		Mar 27, 2021
Net income available to common stockholders	$	8,113	$	3,361
Weighted average shares of common stock outstanding—basic	4,079		4,056
Dilutive effect of employee equity incentive plans	28		40

Weighted average shares of common stock outstanding—diluted	4,107		4,096
Earnings per share—basic	$	1.99	$	0.83
Earnings per share—diluted	$	1.98	$	0.82

Potentially dilutive shares of common stock from employee equity incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options, the assumed vesting of outstanding RSUs, and the assumed issuance of common stock under the stock purchase plan.

Securities which would have been anti-dilutive are insignificant and are excluded from the computation of diluted earnings per share in all periods presented.