Earnings Per Share

3 Months Ended

Jul. 01, 2011

Earnings Per Share [Abstract]

Earnings Per Share

Note 4 – Earnings Per Share

Basic and diluted earnings per share are calculated as follows:

	Quarter Ended
(Amounts in millions, except per share data)	July 1, 2011			July 2, 2010
Net income attributable to CSC common shareholders:
From continuing operations	$	184		$	140
From discontinued operations		(1	)		3
	$	183		$	143
Common share information:
Weighted average common shares outstanding for basic EPS		154.844			154.215
Dilutive effect of stock options and equity awards common stock      equivalents		1.147			2.315
Shares for diluted EPS		155.991			156.530
Basic EPS:
Continuing operations	$	1.19		$	0.91
Discontinued operations		(0.01	)		0.02
	$	1.18		$	0.93
Diluted EPS:
Continuing operations	$	1.18		$	0.89
Discontinued operations		(0.01	)		0.02
	$	1.17		$	0.91

The computation of diluted EPS did not include stock options which were antidilutive, as their exercise price was greater than the average market price of the common stock of CSC during the periods presented.  The number of such options was 12,694,954 and 6,714,267 for the quarters ended July 1, 2011, and July 2, 2010.