CISCO SYSTEMS, INC. | 2013 | FY | 3


The following table presents the calculation of basic and diluted net income per share (in millions, except per-share amounts):
Years Ended
July 27, 2013
 
July 28, 2012
 
July 30, 2011
Net income
$
9,983

 
$
8,041

 
$
6,490

Weighted-average shares—basic
5,329

 
5,370

 
5,529

Effect of dilutive potential common shares
51

 
34

 
34

Weighted-average shares—diluted
5,380

 
5,404

 
5,563

Net income per share—basic
$
1.87

 
$
1.50

 
$
1.17

Net income per share—diluted
$
1.86

 
$
1.49

 
$
1.17

Antidilutive employee share-based awards, excluded
407

 
591

 
379


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