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Earnings Per Share (Tables)
6 Months Ended
Nov. 30, 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 November 30,

 

 

Six Months Ended November 30,

 

(in thousands, except per share amounts)

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator (basic & diluted):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to controlling interest -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

income available to common shareholders

$

52,086

 

 

$

34,002

 

 

$

47,310

 

 

$

88,944

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

controlling interest - weighted average common shares

 

55,059

 

 

 

57,716

 

 

 

55,150

 

 

 

58,226

 

Effect of dilutive securities

 

1,013

 

 

 

1,622

 

 

 

1,055

 

 

 

1,787

 

Denominator for diluted earnings per share attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

controlling interest - adjusted weighted average common shares

 

56,072

 

 

 

59,338

 

 

 

56,205

 

 

 

60,013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share attributable to controlling interest

$

0.95

 

 

$

0.59

 

 

$

0.86

 

 

$

1.53

 

Diluted earnings per share attributable to controlling interest

$

0.93

 

 

$

0.57

 

 

$

0.84

 

 

$

1.48