Supplementary Data – Selected Quarterly Financial Data (Unaudited)



	Fiscal Year Ended March 31, 2020
(in millions)	1^st Quarter			2^nd Quarter			3^rd Quarter			4^th Quarter
Revenue	$	1,107		$	1,172		$	1,126		$	1,099

Costs of services	836			908			863			853
Selling, general and administrative	72			81			77			73
Depreciation and amortization	101			90			92			91
Impairment charges⁽¹⁾	—			—			—			796
Restructuring costs	2			2			—			13
Separation, transaction and integration-related costs	19			20			20			26
Interest expense, net	35			36			34			32
Other (income) expense, net	—			(2		)	(35		)	99
Total costs and expenses	1,065			1,135			1,051			1,983
Income (loss) before taxes	42			37			75			(884		)
Income tax expense	11			8			22			(95		)
Net income (loss)	$	31		$	29		$	53		$	(789	)
Earnings (loss) per common share⁽²⁾:
Basic	$	0.19		$	0.18		$	0.33		$	(4.89	)
Diluted	$	0.19		$	0.18		$	0.33		$	(4.89	)
Cash dividends per common share	$	0.06		$	0.06		$	0.06		$	0.06

	Fiscal Year Ended March 31, 2019
(in millions)	1^st Quarter			2^nd Quarter			3^rd Quarter			4^th Quarter
Revenue	$	793		$	1,068		$	1,075		$	1,094

Costs of services	597			813			816			817
Selling, general and administrative	61			89			76			74
Depreciation and amortization	64			74			76			116
Restructuring costs	—			2			1			7
Separation, transaction and integration-related costs	44			21			19			22
Interest expense, net	10			37			37			37
Other (income) expense, net	(24		)	(4		)	2			34
Total costs and expenses	752			1,032			1,027			1,107
Income (loss) before taxes	41			36			48			(13		)
Income tax expense	12			12			10			6
Net income (loss)	$	29		$	24		$	38		$	(19	)
Earnings (loss) per common share⁽²⁾:
Basic	$	0.18		$	0.15		$	0.23		$	(0.12	)
Diluted	$	0.17		$	0.14		$	0.23		$	(0.12	)
Cash dividends per common share	$	0.05		$	0.05		$	0.05		$	0.05

⁽¹⁾ Impairment charges of $796 million were incurred during the quarter ended March 31, 2020 due to the loss of the NGEN re-compete as discussed in Note 8 – “Goodwill” and Note 9 – “Intangible Assets.”

⁽²⁾ Earnings per common share are computed independently for each of the quarters presented and therefore may not sum to the totals for fiscal years 2020 and 2019 included on our statements of operations.