Earnings Per Share (Tables)

12 Months Ended

May 31, 2017

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)	2017		2016		2015
Numerator (basic & diluted):
Net earnings attributable to controlling interest – income available to common shareholders	$	204,515	$	143,715	$	76,785
Denominator:
Denominator for basic earnings per share attributable to controlling interest – weighted average common shares		62,443		62,469		66,309
Effect of dilutive securities		2,431		2,286		2,174
Denominator for diluted earnings per share attributable to controlling interest – adjusted weighted average common shares		64,874		64,755		68,483
Basic earnings per share attributable to controlling interest	$	3.28	$	2.30	$	1.16
Diluted earnings per share attributable to controlling interest		3.15		2.22		1.12