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Earnings (Loss) Per Share
 12 Months Ended
Apr. 03, 2015
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share

Basic earnings (loss) per common share (EPS) and diluted EPS are calculated as follows:
 
 
Twelve Months Ended
(Amounts in millions, except per-share data)
 
April 3, 2015
 
March 28, 2014
 
March 29, 2013
 
 
 
 
 
 
 
Net (loss) income attributable to CSC common shareholders:
 
 
 
 
 
 
From continuing operations
 
$
21

 
$
859

 
$
278

From discontinued operations
 
(29
)
 
88

 
482

 
 
$
(8
)
 
$
947

 
$
760

Common share information:
 
 
 
 
 
 
Weighted average common shares outstanding for basic EPS
 
142.557

 
147.647

 
154.590

Dilutive effect of stock options and equity awards
 
3.223

 
3.114

 
0.967

Shares for diluted earnings (loss) per share
 
145.780

 
150.761

 
155.557

 
 
 
 
 
 
 
Earnings (loss) per share – basic and diluted:
 
 
 
 
 
 
Basic EPS:
 
 
 
 
 
 
Continuing operations
 
$
0.15

 
$
5.81

 
$
1.80

Discontinued operations
 
(0.21
)
 
0.60

 
3.12

Total
 
$
(0.06
)
 
$
6.41

 
$
4.92

 
 
 
 
 
 
 
Diluted EPS:
 
 
 
 
 
 
Continuing operations
 
$
0.15

 
$
5.70

 
$
1.79

Discontinued operations
 
(0.20
)
 
0.58

 
3.10

Total
 
$
(0.05
)
 
$
6.28

 
$
4.89



The computation of diluted earnings (loss) per share excluded stock options and RSUs, whose effect, if included, would have been anti-dilutive. The number of shares related to such stock options were 1,077,891, 4,573,542, and 14,755,024, for the years ended April 3, 2015, March 28, 2014, and March 29, 2013, respectively. The number of shares related to such RSUs were 62,243, 14,953, and 6,131, for the years ended April 3, 2015, March 28, 2014, and March 29, 2013, respectively.

During the fourth quarter of fiscal 2015, the Company entered into an accelerated share repurchase (ASR) arrangement, with a maturity date in the third quarter of fiscal 2016 (see Note 16). The Company evaluated the ASR arrangement for its potential impact on EPS, and excluded 173,779 shares because their effect would have been anti-dilutive. The Company did not enter into any ASR arrangements during fiscal 2014 and fiscal 2013.