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Earnings per Share (Tables)
6 Months Ended
Nov. 30, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share Attributable to Controlling Interest

The following table sets forth the computation of basic and diluted earnings per share attributable to controlling interest for the periods presented:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

November 30,

 

 

November 30,

 

(in thousands, except per share amounts)

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator (basic & diluted):

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to controlling interest -

 

 

 

 

 

 

 

 

 

 

 

income available to common shareholders

$

16,218

 

 

$

110,301

 

 

$

80,300

 

 

$

242,792

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share attributable to

 

 

 

 

 

 

 

 

 

 

 

controlling interest - weighted average common shares

 

48,558

 

 

 

50,381

 

 

 

48,518

 

 

 

50,618

 

Effect of dilutive securities

 

772

 

 

 

833

 

 

 

775

 

 

 

914

 

Denominator for diluted earnings per share attributable to

 

 

 

 

 

 

 

 

 

 

 

controlling interest - adjusted weighted average common shares

 

49,330

 

 

 

51,214

 

 

 

49,293

 

 

 

51,532

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share attributable to controlling interest

$

0.33

 

 

$

2.19

 

 

$

1.66

 

 

$

4.80

 

Diluted earnings per share attributable to controlling interest

$

0.33

 

 

$

2.15

 

 

$

1.63

 

 

$

4.71