Basic earnings per share (“EPS”) is calculated by dividing the Company’s Net earnings by the basic Weighted-average shares outstanding for the periods presented. The Company calculates diluted EPS using the treasury stock method, which reflects the potential dilution that could occur if outstanding stock options at the presented date are exercised and restricted stock unit awards have vested.

As of June 30, 2026, 2025 and 2024, the computation of diluted EPS excluded 1.0 million, 0.5 million and 0.3 million options and restricted stock units to purchase Broadridge common stock, respectively, as the effect of their inclusion would have been anti-dilutive.

The following table sets forth the denominators of the basic and diluted EPS computations:


	Years ended June 30,
	2026	2025	2024
	(in millions)
Weighted-average shares outstanding:
Basic	116.3	117.1	117.7
Common stock equivalents	0.8	1.2	1.4
Diluted	117.1	118.3	119.1