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Earnings Per Share (Tables)
3 Months Ended
Jul. 01, 2016
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Common Share Basic and Diluted
Basic earnings per common share (EPS) and diluted EPS are calculated as follows:
 
 
Three months ended
(in millions, except per-share amounts)
 
July 1, 2016
 
July 3, 2015(1)
 
 
 
 
 
Net income attributable to CSC common stockholders
 
 
 
 
From continuing operations
 
$
(21
)
 
$
65

From discontinued operations
 

 
98

 
 
$
(21
)
 
$
163

Common share information:
 
 
 
 
Weighted average common shares outstanding for basic EPS
 
138.98

 
137.92

Dilutive effect of stock options and equity awards
 

 
3.47

Weighted average common shares outstanding for diluted EPS
 
138.98

 
141.39

 
 
 
 
 
Earnings per share – basic and diluted:
 
 
 
 
Basic EPS:
 
 
 
 
Continuing operations
 
$
(0.15
)
 
$
0.47

Discontinued operations
 

 
0.71

Total
 
$
(0.15
)
 
$
1.18

 
 
 
 
 
Diluted EPS:
 
 
 
 
Continuing operations
 
$
(0.15
)
 
$
0.46

Discontinued operations
 

 
0.69

Total
 
$
(0.15
)
 
$
1.15


(1) The Company adopted ASU 2016-09 during the fourth quarter of fiscal 2016, effective as of the beginning of the fiscal year. As a result, weighted average diluted shares outstanding has been adjusted from the amount previously reported for the three months ended July 3, 2015 to exclude excess tax benefits from the assumed proceeds in the diluted shares calculation. The adoption of this standard resulted in diluted weighted average shares outstanding of 141.39 million for the three months ended July 3, 2015 versus 140.80 million as calculated under the previous guidance. Stock options and RSUs with an exercise price greater than the average market price of the shares for the full year would have been anti-dilutive, and therefore were excluded from the diluted earnings per share computation.