Earnings per Share

3 Months Ended

Jun. 30, 2023

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, 2023		June 30, 2022

Net income attributable to DXC common shareholders:	$	36	$	102


Common share information:
Weighted average common shares outstanding for basic EPS	210.11		232.48
Dilutive effect of stock options and equity awards	3.64		4.90
Weighted average common shares outstanding for diluted EPS	213.75		237.38

Earnings per share:
Basic	$	0.17	$	0.44
Diluted	$	0.17	$	0.43

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, 2023	June 30, 2022
Stock Options		918,608	480,727
Restricted Stock Units		1,505,292	1,542,055
Performance Stock Units		1,287,186	234,731