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Net Income (Loss) Per Common Share Attributable to CBI (Tables)
6 Months Ended
Aug. 31, 2021
Earnings Per Share [Abstract]  
Basic and diluted net income (loss) per common share attributable to CBI The computation of basic and diluted net income (loss) per common share is as follows:
For the Six Months Ended
August 31, 2021August 31, 2020
Common StockCommon Stock
Class AClass BClass AClass B
(in millions, except per share data)
Net income (loss) attributable to CBI allocated –
basic
$(805.8)$(100.8)$297.3 $36.9 
Conversion of Class B common shares into Class A common shares— — 36.9 — 
Effect of stock-based awards on allocated net income (loss)— — — — 
Net income (loss) attributable to CBI allocated – diluted$(805.8)$(100.8)$334.2 $36.9 
Weighted average common shares outstanding –
basic
169.025 23.234 169.841 23.289 
Conversion of Class B common shares into Class A common shares (1)
— — 23.289 — 
Stock-based awards, primarily stock options (1)
— — 1.832 — 
Weighted average common shares outstanding – diluted169.025 23.234 194.962 23.289 
Net income (loss) per common share attributable to CBI –
basic
$(4.77)$(4.34)$1.74 $1.58 
Net income (loss) per common share attributable to CBI – diluted$(4.77)$(4.34)$1.71 $1.58 
For the Three Months Ended
August 31, 2021August 31, 2020
Common StockCommon Stock
Class AClass BClass AClass B
(in millions, except per share data)
Net income (loss) attributable to CBI allocated – basic$1.3 $0.2 $455.5 $56.6 
Conversion of Class B common shares into Class A common shares0.2 — 56.6 — 
Effect of stock-based awards on allocated net income (loss)— — — (0.4)
Net income (loss) attributable to CBI allocated – diluted$1.5 $0.2 $512.1 $56.2 
Weighted average common shares outstanding – basic167.447 23.222 170.078 23.284 
Conversion of Class B common shares into Class A common shares23.222 — 23.284 — 
Stock-based awards, primarily stock options1.861 — 1.780 — 
Weighted average common shares outstanding – diluted192.530 23.222 195.142 23.284 
Net income (loss) per common share attributable to CBI – basic$0.01 $0.01 $2.68 $2.43 
Net income (loss) per common share attributable to CBI – diluted$0.01 $0.01 $2.62 $2.42 
(1)
For the six months ended August 31, 2021, we have excluded the following weighted average common shares outstanding from the calculation of diluted net income (loss) per common share, as the effect of including these would have been anti-dilutive, in millions:
Class B Convertible Common Stock23.234 
Stock-based awards, primarily stock options1.936