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(15) INTEREST AND OTHER INCOME (EXPENSE), NET
Interest and other income (expense), net, for the fiscal years ended March 31, 2013, 2012 and 2011 consisted of
(in millions):
Year Ended March 31,
2013
2012
2011
Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$(29) $(20) $ (1)
Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
9
9
Net gain (loss) on foreign currency transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
(29)
12
Net gain (loss) on foreign currency forward contracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2)
21
(12)
Other income, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
2
2
Interest and other income (expense), net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$(21) $(17) $ 10
(16) NET INCOME (LOSS) PER SHARE
The following table summarizes the computations of basic earnings per share ("Basic EPS") and diluted earnings
per share ("Diluted EPS"). Basic EPS is computed as net income (loss) divided by the weighted-average number
of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from
common shares issuable through stock-based compensation plans including stock options, restricted stock,
restricted stock units, common stock through our ESPP, warrants, and other convertible securities using the
treasury stock method.
Year Ended March 31,
(In millions, except per share amounts)
2013
2012
2011
Net income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$ 98
$ 76
$ (276)
Shares used to compute net income (loss) per share:
Weighted-average common stock outstanding -- basic . . . . . . . . . . . . . . . . . . . . . . . . .
310
331
330
Dilutive potential common shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
5
--
Weighted-average common stock outstanding -- diluted . . . . . . . . . . . . . . . . . . . . . . .
313
336
330
Net income (loss) per share:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$0.32
$0.23
$(0.84)
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$0.31
$0.23
$(0.84)
As a result of our net loss for the fiscal year ended March 31, 2011, we have excluded all outstanding equity-
based instruments from the diluted loss per share ("Diluted EPS") calculation as their inclusion would have had
an antidilutive effect. Had we reported net income for the period, an additional 4 million shares of common stock
would have been included in the number of shares used to calculate Diluted EPS.
Potentially dilutive shares of common stock related to our 0.75% Convertible Senior Notes due 2016 issued
during the year ended March 31, 2012, which have a conversion price of $31.74 per share and the associated
Warrants, which have a conversion price of $41.14 per share, were excluded from the computation of Diluted
EPS for the year ended March 31, 2013 and 2012 as their inclusion would have had an antidilutive effect
resulting from the conversion price. The associated Convertible Note Hedge was excluded from the calculation
of diluted shares as the impact is always considered antidilutive since the call option would be exercised by us
when the exercise price is lower than the market price. See Note 11 for additional information related to our
0.75% Convertible Senior Notes due 2016 and related Convertible Note Hedge and Warrants.
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