COMPUTER SCIENCES CORP | 2013 | FY | 3


The Company's income (loss) from continuing operations, before taxes and noncontrolling interests, and diluted earnings per share (EPS) from continuing operations included the following adjustments due to changes in in estimated profitability on fixed price contracts accounted for under the percentage-of-completion method for the fiscal years presented:
 
 
Twelve Months Ended
(Amounts in millions), except per share data
 
March 29, 2013
 
March 30, 2012
 
April 1, 2011
Gross favorable
 
$
143

 
$
58

 
$
53

Gross unfavorable (1)
 
(122
)
 
(289
)
 
(130
)
Total net adjustments, before taxes and noncontrolling interests (2)
 
$
21

 
$
(231
)
 
$
(77
)
 
 
 
 
 
 
 
Impact on diluted EPS from continuing operations
 
$
(0.10
)
 
$
(1.30
)
 
$
(0.42
)


(1) Fiscal 2012 does not include the contract charge related to the Company’s contract with the NHS of $1,485 million (see Note 18).
(2) 
Quarterly changes in estimated profitability on the same fixed price contract are disclosed gross as either favorable or unfavorable.

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