EARNINGS PER SHARE

6 Months Ended

Dec. 31, 2012

EARNINGS PER SHARE

NOTE 3. EARNINGS PER SHARE

Basic earnings per share (“EPS”) is calculated by dividing the Company’s Net earnings by the basic Weighted-average shares outstanding for the periods presented.

Diluted EPS reflects the potential dilution that could occur if outstanding stock options at the presented date are exercised and shares of restricted stock units have vested.

The computation of diluted EPS did not include 1.9 million and 2.5 million options to purchase Broadridge common stock for the three months ended December 31, 2012 and 2011, respectively, and 2.3 million and 2.6 million options to purchase Broadridge common stock for the six months ended December 31, 2012 and 2011, respectively, as the effect of their inclusion would have been anti-dilutive.

The following table sets forth the denominators of the basic and diluted EPS computations (in millions):

	Three Months Ended December 31,				Six Months Ended December 31,
	2012		2011		2012		2011
Weighted-average shares outstanding:
Basic		122.0		123.7		123.0		123.7
Common stock equivalents		3.5		3.5		3.3		3.2
Diluted		125.5		127.2		126.3		126.9