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Earnings per Share
 9 Months Ended
Feb. 29, 2024
Earnings Per Share [Abstract]  
Earnings per Share

Note N – Earnings per Share

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

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

February 29,

 

 

February 28,

 

 

February 29,

 

 

February 28,

 

(In thousands, except per common share amounts)

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator (basic & diluted):

 

 

 

 

 

 

 

 

 

 

 

Net earnings from continuing operations

$

22,000

 

 

$

29,751

 

 

$

66,763

 

 

$

75,625

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic EPS from continuing operations -

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares

 

49,315

 

 

 

48,587

 

 

 

49,113

 

 

 

48,541

 

Effect of dilutive securities

 

1,102

 

 

 

906

 

 

 

1,158

 

 

 

815

 

Denominator for diluted EPS from continuing operations -

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares

 

50,417

 

 

 

49,493

 

 

 

50,271

 

 

 

49,356

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS from continuing operations

$

0.45

 

 

$

0.61

 

 

$

1.36

 

 

$

1.56

 

Diluted EPS from continuing operations

$

0.44

 

 

$

0.60

 

 

$

1.33

 

 

$

1.53

 

 

Stock options covering an aggregate of 55 and 94 common shares for the three months ended February 29, 2024 and February 28, 2023, respectively, and 61 and 89 common shares for the nine months ended February 29, 2024 and February 28, 2023, respectively, have been excluded from the computation of diluted EPS because the effect would have been anti-dilutive for those periods.