Earnings Per Share (Tables)

9 Months Ended

Dec. 30, 2016

Schedule Of Earnings Per Common Share Basic and Diluted

Basic earnings per common share (EPS) and diluted EPS are calculated as follows:



	Three months ended				Nine months ended
(in millions, except per-share amounts)	December 30, 2016		January 1, 2016⁽¹⁾		December 30, 2016		January 1, 2016⁽¹⁾

Net income attributable to CSC common stockholders
From continuing operations	$	31	$	22	$	25	$	179
From discontinued operations	—		28		—		205
	$	31	$	50	$	25	$	384
Common share information:
Weighted average common shares outstanding for basic EPS	140.88		138.86		140.13		138.36
Dilutive effect of stock options and equity awards	3.93		2.71		3.67		3.03
Weighted average common shares outstanding for diluted EPS	144.81		141.57		143.80		141.39

Earnings per share – basic and diluted:
Basic EPS:
Continuing operations	$	0.22	$	0.16	$	0.18	$	1.29
Discontinued operations	—		0.20		—		1.49
Total	$	0.22	$	0.36	$	0.18	$	2.78

Diluted EPS:
Continuing operations	$	0.21	$	0.15	$	0.17	$	1.27
Discontinued operations	—		0.20		—		1.45
Total	$	0.21	$	0.35	$	0.17	$	2.72

⁽¹⁾The Company adopted ASU 2016-09 during the fourth quarter of fiscal 2016, effective as of the beginning of the fiscal year. As a result, weighted average diluted shares outstanding has been adjusted from the amount previously reported for the three and nine months ended January 1, 2016 to exclude excess tax benefits from the assumed proceeds in the diluted shares calculations. The adoption of this standard resulted in diluted weighted average shares outstanding of 141.57 million and 141.39 million for the three and nine months ended January 1, 2016, respectively, compared to 141.18 million and 141.00 million as calculated under the previous guidance.