On May 22, 2024, we announced a ten-for-one forward stock split, or the Stock Split, of our issued common stock to be effected through the filing of an amendment to our Restated Certificate of Incorporation, or the Amendment, with the Secretary of the State of Delaware. The Amendment will result in a proportionate increase in the number of shares of authorized common stock. As a result of the Stock Split, each record holder of common stock as of the close of market on June 6, 2024 will receive nine additional shares of common stock, to be distributed after the close of market on June 7, 2024. The following table reflects basic and diluted weighted average shares and net income per share on an unaudited pro forma basis giving effect to the Stock Split as if it had been effective for all periods presented:


	Pro Forma (Unaudited)
	Three Months Ended				Year Ended
	Apr 28, 2024		Apr 30, 2023		Jan 28, 2024		Jan 29, 2023		Jan 30, 2022

	(In millions, except per share data)
Numerator:
Net income	$	14,881	$	2,043	$	29,760	$	4,368	$	9,752
Denominator:
Basic weighted average shares	24,620		24,700		24,690		24,870		24,960
Dilutive impact of outstanding equity awards	270		200		250		200		390
Diluted weighted average shares	24,890		24,900		24,940		25,070		25,350
Net income per share:
Basic (1)	$	0.60	$	0.08	$	1.21	$	0.18	$	0.39
Diluted (2)	$	0.60	$	0.08	$	1.19	$	0.17	$	0.38

On May 22, 2024, we also announced an increase in our quarterly cash dividend by 150% from $0.04 per share to $0.10 per share of common stock. The increased dividend is equivalent to $0.01 per share on a post-Stock Split basis and will be paid on June 28, 2024, to all shareholders of record on June 11, 2024.