Earnings per Share

3 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

Basic earnings per share (“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
(in millions, except per-share amounts)	June 30, 2022		June 30, 2021
Net income attributable to DXC common shareholders:	$	102	$	278
Common share information:
Weighted average common shares outstanding for basic EPS	232.48		254.67
Dilutive effect of stock options and equity awards	4.90		5.65
Weighted average common shares outstanding for diluted EPS	237.38		260.32
Earnings per share:
Basic	$	0.44	$	1.09
Diluted	$	0.43	$	1.07

Certain share-based equity awards were excluded from the computation of dilutive EPS because inclusion of these awards would have had an anti-dilutive effect. The number of awards excluded were as follows:

	Three Months Ended
	June 30, 2022	June 30, 2021
Stock Options	480,727	529,216
Restricted Stock Units	1,542,055	759,922
Performance Stock Units	234,731	393,802