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Earnings Per Share (Tables)
 12 Months Ended
May 31, 2019
Earnings per Share  
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, 2019 (shares in millions).

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended

 

 

May 31, 

 

    

2019

    

2018

    

2017

Basic and Diluted EPS:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

84.1

 

$

73.7

 

$

52.0

Less income attributable to participating shares

 

 

(0.4)

 

 

(0.6)

 

 

(0.5)

Income from continuing operations attributable to common shareholders

 

 

83.7

 

 

73.1

 

 

51.5

Income (Loss) from discontinued operations attributable to common shareholders

 

 

(76.6)

 

 

(58.1)

 

 

4.5

Net income attributable to common shareholders for earnings per share

 

$

7.1

 

$

15.0

 

$

56.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic

 

 

34.5

 

 

34.2

 

 

33.9

Additional shares from assumed exercise of stock options

 

 

0.4

 

 

0.4

 

 

0.4

Weighted average common shares outstanding - diluted

 

 

34.9

 

 

34.6

 

 

34.3

 

 

 

 

 

 

 

 

 

 

Earnings per share - basic:

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

2.42

 

$

2.14

 

$

1.53

Earnings (Loss) from discontinued operations

 

 

(2.22)

 

 

(1.70)

 

 

0.13

Earnings per share – basic

 

$

0.20

 

$

0.44

 

$

1.66

 

 

 

 

 

 

 

 

 

 

Earnings per share – diluted:

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

2.40

 

$

2.11

 

$

1.51

Earnings (Loss) from discontinued operations

 

 

(2.19)

 

 

(1.70)

 

 

0.13

Earnings per share - diluted

 

$

0.21

 

$

0.41

 

$

1.64