Stockholders' Equity	6 Months Ended
Sep. 30, 2018
Equity [Abstract]
Stockholders' Equity	Stockholders' Equity Description of Capital Stock The Company has authorized share capital consisting of 750 million shares of common stock, par value $0.01 per share, and 1 million shares of preferred stock, par value $0.01 per share. Each share of common stock is equal in all respects to every other share of common stock of the Company. Each share of common stock is entitled to one vote per share at each annual or special meeting of stockholders for the election of directors and upon any other matter coming before such meeting. Subject to all the rights of the preferred stock, dividends may be paid to holders of common stock as and when declared by the Board of Directors. Cash Dividends On June 1, 2018, the Board of Directors declared a regular quarterly cash dividend of $0.05 per share on Perspecta’s common stock, approximately $8 million in the aggregate, which was paid on July 17, 2018 to common stockholders of record at the close of business on June 11, 2018. On August 14, 2018, the Board of Directors declared a dividend of $0.05 per share on Perspecta’s common stock, approximately $8 million in the aggregate, which was paid on October 16, 2018 to common stockholders of record at the close of business on September 5, 2018. On November 14, 2018, the Board of Directors declared a dividend of $0.05 per share payable on January 15, 2019 to common stockholders of record at the close of business on December 5, 2018. Share Repurchase Program On June 1, 2018, the Board of Directors authorized up to $400 million for future repurchases of outstanding shares of Perspecta’s common stock. Repurchases may be made at the Company’s discretion from time to time on the open market depending on market conditions. The repurchase program has no time limit, does not obligate the Company to make any repurchases and may be suspended for periods or discontinued at any time. During the six months ended September 30, 2018, the Company repurchased 923,188 shares of its common stock for aggregate consideration of $23 million, of which $2 million was settled subsequent to the end of the second quarter. The shares were repurchased at an average price of $24.38 per share and are reported as treasury stock at cost. The shares repurchased are retired immediately and included in the category of authorized but unissued shares. For accounting purposes, the excess of purchase price over par value of the common shares is recorded as a reduction of additional paid-in-capital. The total remaining authorization for future common share repurchases under the share repurchase program was $377 million as of September 30, 2018.

Stockholders' Equity

Description of Capital Stock

The Company has authorized share capital consisting of 750 million shares of common stock, par value $0.01 per share, and 1 million shares of preferred stock, par value $0.01 per share.

Each share of common stock is equal in all respects to every other share of common stock of the Company. Each share of common stock is entitled to one vote per share at each annual or special meeting of stockholders for the election of directors and upon any other matter coming before such meeting. Subject to all the rights of the preferred stock, dividends may be paid to holders of common stock as and when declared by the Board of Directors.

Cash Dividends

On June 1, 2018, the Board of Directors declared a regular quarterly cash dividend of $0.05 per share on Perspecta’s common stock, approximately $8 million in the aggregate, which was paid on July 17, 2018 to common stockholders of record at the close of business on June 11, 2018. On August 14, 2018, the Board of Directors declared a dividend of $0.05 per share on Perspecta’s common stock, approximately $8 million in the aggregate, which was paid on October 16, 2018 to common stockholders of record at the close of business on September 5, 2018. On November 14, 2018, the Board of Directors declared a dividend of $0.05 per share payable on January 15, 2019 to common stockholders of record at the close of business on December 5, 2018.

Share Repurchase Program

On June 1, 2018, the Board of Directors authorized up to $400 million for future repurchases of outstanding shares of Perspecta’s common stock. Repurchases may be made at the Company’s discretion from time to time on the open market depending on market conditions. The repurchase program has no time limit, does not obligate the Company to make any repurchases and may be suspended for periods or discontinued at any time. During the six months ended September 30, 2018, the Company repurchased 923,188 shares of its common stock for aggregate consideration of $23 million, of which $2 million was settled subsequent to the end of the second quarter. The shares were repurchased at an average price of $24.38 per share and are reported as treasury stock at cost. The shares repurchased are retired immediately and included in the category of authorized but unissued shares. For accounting purposes, the excess of purchase price over par value of the common shares is recorded as a reduction of additional paid-in-capital. The total remaining authorization for future common share repurchases under the share repurchase program was $377 million as of September 30, 2018.