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Earnings Per Common Share
 12 Months Ended
May 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Common Share

Note O – Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the prior three fiscal years:

 

 

2024

 

 

2023

 

 

2022

 

Numerator (basic & diluted):

 

 

 

 

 

 

 

 

Net earnings from continuing operations attributable to controlling interest

$

35,243

 

 

$

125,751

 

 

$

157,948

 

Denominator:

 

 

 

 

 

 

 

 

Denominator for basic EPS from continuing operations -

 

 

 

 

 

 

 

 

Weighted average common shares

 

49,195

 

 

 

48,566

 

 

 

49,940

 

Effect of dilutive securities

 

1,153

 

 

 

820

 

 

 

1,053

 

Denominator for diluted EPS from continuing operations -

 

 

 

 

 

 

 

 

Weighted average common shares

 

50,348

 

 

 

49,386

 

 

 

50,993

 

Basic EPS from continuing operations

$

0.72

 

 

$

2.59

 

 

$

3.16

 

Diluted EPS from continuing operations

$

0.70

 

 

$

2.55

 

 

$

3.10

 

 

Stock options covering 47, 91, and 34 common shares for fiscal 2024, fiscal 2023 and fiscal 2022, respectively, have been excluded from the computation of diluted earnings per common share because the effect of their inclusion would have been anti-dilutive.