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Earnings per Share (Tables)
9 Months Ended
Feb. 28, 2019
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 February 28,

 

 

Nine Months Ended February 28,

 

(in thousands, except per share amounts)

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator (basic & diluted):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to controlling interest -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

income available to common shareholders

$

26,773

 

 

$

79,088

 

 

$

115,717

 

 

$

164,025

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

controlling interest - weighted average common shares

 

56,478

 

 

 

60,383

 

 

 

57,650

 

 

 

61,451

 

Effect of dilutive securities

 

1,496

 

 

 

1,962

 

 

 

1,739

 

 

 

2,056

 

Denominator for diluted earnings per share attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

controlling interest - adjusted weighted average common shares

 

57,974

 

 

 

62,345

 

 

 

59,389

 

 

 

63,507

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share attributable to controlling interest

$

0.47

 

 

$

1.31

 

 

$

2.01

 

 

$

2.67

 

Diluted earnings per share attributable to controlling interest

$

0.46

 

 

$

1.27

 

 

$

1.95

 

 

$

2.58