Earnings Per Share

9 Months Ended

Feb. 29, 2012

Earnings Per Share

Note 3.    Earnings Per Share

For the nine-month and three-month periods ended February 29, 2012, basic and diluted EPS were the same as the effect of the stock options to purchase common stock and the convertible provisions of the Series 2003 preferred stock were anti-dilutive. 

           The following securities (rounded to thousands) were not included in the computation of diluted earnings per share for the nine-month and three-month periods ended February 29, 2012 as their effect would have been antidilutive:

                        Options to purchase common stock                             1,940,000

                        Convertible preferred stock                                         3,333,000

5,273,000