Net Income (Loss) Per Common Share Attributable to CBI (Tables)

6 Months Ended

Aug. 31, 2024

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 for Class A Stock are as follows:

	For the Six Months Ended August 31,				For the Three Months Ended August 31,
	2024		2023		2024		2023
(in millions, except per share data)
Net income (loss) attributable to CBI	$	(322.0)	$	825.9	$	(1,199.0)	$	690.0
Weighted average common shares outstanding – basic	182.356		183.384		181.947		183.498
Stock-based awards, primarily stock options (1)	—		0.690		—		0.779
Weighted average common shares outstanding – diluted	182.356		184.074		181.947		184.277
Net income (loss) per common share attributable to CBI – basic	$	(1.77)	$	4.50	$	(6.59)	$	3.76
Net income (loss) per common share attributable to CBI – diluted	$	(1.77)	$	4.49	$	(6.59)	$	3.74

(1)	We have excluded the following weighted average common shares outstanding from the calculation of diluted net loss per common share, as the effect of including these would have been anti-dilutive, in millions:
		For the Six Months Ended August 31, 2024	For the Three Months Ended August 31, 2024
	Stock-based awards, primarily stock options	0.604	0.539