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Earnings Per Share (Tables)
9 Months Ended
Feb. 29, 2020
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

 

 

Nine Months Ended

 

(in thousands, except per share amounts)

February 29,

2020

 

 

February 28,

2019

 

 

February 29,

2020

 

 

February 28,

2019

 

Numerator (basic & diluted):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings attributable to controlling interest -

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

income available to common shareholders

$

15,311

 

 

$

26,773

 

 

$

62,621

 

 

$

115,717

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

controlling interest - weighted average common shares

 

54,930

 

 

 

56,478

 

 

 

55,078

 

 

 

57,650

 

Effect of dilutive securities

 

968

 

 

 

1,496

 

 

 

1,086

 

 

 

1,739

 

Denominator for diluted earnings per share attributable to

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

controlling interest - adjusted weighted average common shares

 

55,898

 

 

 

57,974

 

 

 

56,164

 

 

 

59,389

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share attributable to controlling interest

$

0.28

 

 

$

0.47

 

 

$

1.14

 

 

$

2.01

 

Diluted earnings per share attributable to controlling interest

$

0.27

 

 

$

0.46

 

 

$

1.11

 

 

$

1.95