N. Earnings per Share (“EPS”).  The Company computes EPS in accordance with ASC 260. The calculations of basic and diluted EPS are as follows: Options to purchase 1.2 million, 0.7 million, and 0.9 million shares of common stock for fiscal 2020, 2019, and 2018, respectively, were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. O. Stock-Based Compensation.  The Company recognizes stock-based compensation expense in net earnings based on the fair value of the award on the date of the grant, and in the case of international units settled in cash, adjusts this fair value based on changes in the Company's stock price during the vesting peri od. Restricted stock units and restricted stock awards are valued based on the closing price of the Company's common stock on the date of the grant and, in the case of performance based restricted stock units and restricted stock, are adjusted for changes to probabilities of achieving performance targets. International restricted stock units are settled in cash and are marked-to-market based on changes in the Company's stock price. S ee Note 10 for additional information on the Company's stock-based compensation programs. P. Internal Use Software.  Expenditures for major software purchases and software developed or obtained for internal use are capitalized and amortized generally over a three to five-year period on a straight-line basis. Software developed as part of the Company's next-generation platforms are depreciated over ten years. The Company begins to capitalize costs incurred for computer software developed for internal use when the preliminary development efforts are successfully completed, management has authorized and committed to funding the project, and it is probable that the project will be completed and the software will be used as intended. Capitalization ceases when a computer software project is substantially complete and ready for its intended use. The Company's policy provides for the capitalization of external direct costs of materials and services associated with developing or obtaining internal use computer software. In addition, the Company also capitalizes certain payroll and payroll-related costs for employees who are directly associated with internal use computer software projects. The amount of capitalizable payroll costs with respect to these employees is limited to the time directly spent on such projects. Costs associated with preliminary project stage activities, training, maintenance, and all other post- implementation stage activities are expensed as incurred. The Company also expenses internal costs related to minor upgrades and enhancements, as it is impractical to separate these costs from normal maintenance activities. Fees related to cloud-based subscriptions for which the Company has the right to take possession of the software at any time during the hosting period (without significant penalty) and can run the software on internal hardware, or through contract with a third party vendor to host the software, is recognized as an intangible asset and capitalized following the Internal Use Software guidance under ASC 350-40. Subscriptions where the Company accesses the software through the cloud but cannot take Years ended June 30, Basic Effect of Employee Stock Option Shares Effect of Employee Restricted Stock Shares Diluted 2020 Net earnings $ 2,466.5  $ 2,466.5  Weighted average shares (in millions) 430.8  0.9  1.0  432.7  EPS $ 5.73  $ 5.70  2019 Net earnings $ 2,292.8  $ 2,292.8  Weighted average shares (in millions) 435.0  1.0  1.6  437.6  EPS $ 5.27  $ 5.24  2018 Net earnings $ 1,884.9  $ 1,884.9  Weighted average shares (in millions) 440.6  1.1  1.6  443.3  EPS $ 4.28  $ 4.25 