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Earnings (Loss) Per Share (Tables)
3 Months Ended
Aug. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share Attributable to Controlling Interest

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

 

 

Three Months Ended August 31,

 

(in thousands, except per share amounts)

2019

 

 

2018

 

Numerator (basic & diluted):

 

 

 

 

 

 

 

Net earnings (loss) attributable to controlling interest -

 

 

 

 

 

 

 

income (loss) available to common shareholders

$

(4,776

)

 

$

54,942

 

Denominator:

 

 

 

 

 

 

 

Denominator for basic earnings (loss) per share attributable to

 

 

 

 

 

 

 

controlling interest - weighted average common shares

 

55,241

 

 

 

58,731

 

Effect of dilutive securities

 

-

 

 

 

1,890

 

Denominator for diluted earnings (loss) per share attributable to

 

 

 

 

 

 

 

controlling interest - adjusted weighted average common shares

 

55,241

 

 

 

60,621

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share attributable to controlling interest

$

(0.09

)

 

$

0.94

 

Diluted earnings (loss) per share attributable to controlling interest

$

(0.09

)

 

$

0.91