Earnings (Loss) per Share

9 Months Ended

Dec. 31, 2019

Basic EPS is computed using the weighted average number of shares of common stock outstanding during the period. Diluted EPS reflects the incremental shares issuable upon the assumed exercise of stock options and equity awards. The following table reflects the calculation of basic and diluted EPS:



	Three Months Ended				Nine Months Ended
(in millions, except per-share amounts)	December 31, 2019		December 31, 2018		December 31, 2019			December 31, 2018
Net income (loss) attributable to DXC common shareholders:
From continuing operations	$	82	$	462	$	(1,874	)	$	948
From discontinued operations	$	—	$	—	$	—		$	35

Common share information:
Weighted average common shares outstanding for basic EPS	255.09		275.66		260.24			280.47
Dilutive effect of stock options and equity awards	0.96		3.33		—			4.23
Weighted average common shares outstanding for diluted EPS	256.05		278.99		260.24			284.70

Earnings (Loss) per share:
Basic
Continuing operations	$	0.32	$	1.68	$	(7.20	)	$	3.38
Discontinued operations	$	—	$	—	$	—		$	0.12
Total	$	0.32	$	1.68	$	(7.20	)	$	3.50

Diluted
Continuing operations	$	0.32	$	1.66	$	(7.20	)	$	3.33
Discontinued operations	$	—	$	—	$	—		$	0.12
Total	$	0.32	$	1.66	$	(7.20	)	$	3.45

For the three months ended December 31, 2019, stock options of 621,028, and restricted stock units (RSUs) of 2,125,734, and for the three months ended December 31, 2018, RSUs of 230,803 were excluded in the computation of diluted EPS, which if included, would have been anti-dilutive.

For the nine months ended December 31, 2019, stock options of 818,490, performance stock units of 351,410 and RSUs of 2,116,898 were excluded from the computation of diluted EPS due to the Company's net loss. For the nine months ended December 31, 2018, RSUs of 28,585 were excluded in the computation of diluted EPS, which if included, would have been anti-dilutive.