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Net Income (Loss) Per Common Share Attributable to CBI
12 Months Ended
Feb. 28, 2022
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO CBI 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 Years Ended
February 28, 2022February 28, 2021February 29, 2020
Class A
Stock
Class B
Stock
Class A
Stock
Class B
Stock
Class A
Stock
Class B
Stock
(in millions, except per share data)
Net income (loss) attributable to CBI allocated – basic$(35.8)$(4.6)$1,777.2 $220.8 $(10.2)$(1.6)
Conversion of Class B common shares into Class A common shares— — 220.8 — — — 
Effect of stock-based awards on allocated net income (loss)— — — (1.5)— — 
Net income (loss) attributable to CBI allocated – diluted$(35.8)$(4.6)$1,998.0 $219.3 $(10.2)$(1.6)
For the Years Ended
February 28, 2022February 28, 2021February 29, 2020
Class A
Stock
Class B
Stock
Class A
Stock
Class B
Stock
Class A
Stock
Class B
Stock
(in millions, except per share data)
Weighted average common shares outstanding – basic167.431 23.225 170.239 23.280 168.329 23.313 
Conversion of Class B common shares into Class A common shares (1)
— — 23.280 — — — 
Stock-based awards, primarily stock options (1)
— — 1.789 — — — 
Weighted average common shares outstanding – diluted167.431 23.225 195.308 23.280 168.329 23.313 
Net income (loss) per common share attributable to CBI – basic$(0.22)$(0.20)$10.44 $9.48 $(0.07)$(0.07)
Net income (loss) per common share attributable to CBI – diluted$(0.22)$(0.20)$10.23 $9.42 $(0.07)$(0.07)
(1)
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:
For the Years Ended
February 28, 2022February 29, 2020
(in millions)
Class B Stock23.225 23.313 
Stock-based awards, primarily stock options1.566 3.239