Earnings Per Share

6 Months Ended

Oct. 03, 2014

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Basic earnings per common share (EPS) and diluted EPS are calculated as follows:

	Quarter Ended					Six Months Ended
(Amounts in millions, except per-share amounts)	October 3, 2014			September 27, 2013		October 3, 2014			September 27, 2013
Net income attributable to CSC common stockholders
From continuing operations	$	172		$	152	$	326		$	310
From discontinued operations	(21		)	80		(29		)	96
	$	151		$	232	$	297		$	406
Common share information:
Weighted average common shares outstanding for basic EPS	143.279			148.047		144.346			148.951
Dilutive effect of stock options and equity awards	2.317			2.926		2.809			2.525
Shares for diluted earnings per share	145.596			150.973		147.155			151.476
Earnings per share – basic and diluted:
Basic EPS:
Continuing operations	$	1.20		$	1.03	$	2.26		$	2.09
Discontinued operations	(0.15		)	0.54		(0.20		)	0.64
Total	$	1.05		$	1.57	$	2.06		$	2.73
Diluted EPS:
Continuing operations	$	1.18		$	1.01	$	2.22		$	2.05
Discontinued operations	(0.14		)	0.53		(0.20		)	0.63
Total	$	1.04		$	1.54	$	2.02		$	2.68

Stock options, restricted stock units (RSUs), and contingent shares of common stock with respect to the accelerated share repurchase agreement (see Note 13) whose impact would have been anti-dilutive were excluded from the diluted earnings per share computation. The number of shares related to such stock options was 1,306,873 and 1,006,720 for the quarter and six months ended October 3, 2014, respectively, and 5,188,587 and 7,704,313 for the quarter and six months ended September 27, 2013, respectively. The number of shares related to such RSUs was 1,146,523 and 433,709 for the quarter and six months ended October 3, 2014, respectively, and 19,847 and 65,642 for the quarter and six months ended September 27, 2013, respectively.