Earnings Per Share (Tables)

12 Months Ended

May 31, 2017

Schedule of reconciliation of computations of basic and diluted earnings per share information

The following tables provide a reconciliation of the computations of basic and diluted earnings per share information for each of the years in the three-year period ended May 31, 2017 (shares in millions).

	For the Year Ended May 31,
	2017			2016			2015
Basic and Diluted EPS:
Income (Loss) from continuing operations	$	50.2		$	38.3		$	(73.9	)
Less income attributable to participating shares		(0.5	)		(0.4	)		(0.3	)

Income (Loss) from continuing operations attributable to common shareholders		49.7			37.9			(74.2	)
Income from discontinued operations attributable to common shareholders		6.3			9.4			84.1

Net income attributable to common shareholders for earnings per share	$	56.0		$	47.3		$	9.9


Weighted average common shares outstanding—basic		33.9			34.4			39.1
Additional shares from assumed exercise of stock options		0.4			0.2			0.3

Weighted average common shares outstanding—diluted		34.3			34.6			39.4


Earnings per share—basic:
Earnings (Loss) from continuing operations	$	1.47		$	1.10		$	(1.90	)
Earnings from discontinued operations		0.19			0.27			2.16

Earnings per share—basic	$	1.66		$	1.37		$	0.26


Earnings per share—diluted:
Earnings (Loss) from continuing operations	$	1.45		$	1.10		$	(1.90	)
Earnings from discontinued operations		0.19			0.27			2.14

Earnings per share—diluted	$	1.64		$	1.37		$	0.24