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Earnings per Share (Tables)
12 Months Ended
May 31, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the fiscal years ended May 31:

 

(in thousands, except per share amounts)

2022

 

 

2021

 

 

2020

 

Numerator (basic & diluted):

 

 

 

 

 

 

 

 

Net earnings attributable to controlling interest - income available to

 

 

 

 

 

 

 

 

common shareholders

$

379,386

 

 

$

723,795

 

 

$

78,796

 

Denominator:

 

 

 

 

 

 

 

 

Denominator for basic earnings per share attributable to controlling

 

 

 

 

 

 

 

 

interest - weighted average common shares

 

49,940

 

 

 

52,701

 

 

 

54,958

 

Effect of dilutive securities

 

1,053

 

 

 

1,216

 

 

 

1,025

 

Denominator for diluted earnings per share attributable to controlling

 

 

 

 

 

 

 

 

interest - adjusted weighted average common shares

 

50,993

 

 

 

53,917

 

 

 

55,983

 

Basic earnings per share attributable to controlling interest

$

7.60

 

 

$

13.73

 

 

$

1.43

 

Diluted earnings per share attributable to controlling interest

$

7.44

 

 

$

13.42

 

 

$

1.41