XML 31 R40.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Nov. 30, 2011
Nov. 30, 2010
Nov. 30, 2011
Nov. 30, 2010
Basic EPS:        
Income from continuing operations $ 17,519 $ 18,090 $ 34,482 $ 32,137
Less income attributable to participating shares (681)   (1,277)  
Income from continuing operations available to common shareholders 16,838 18,090 33,205 32,137
Income (loss) from discontinued operations 13 (1,276) (301) (1,649)
Net income attributable to AAR available to common shareholders 16,851 16,814 32,904 30,488
Basic shares:        
Weighted average common shares outstanding (in shares) 38,703,000 38,301,000 38,802,000 38,335,000
Earnings per share - basic:        
Earnings from continuing operations (in dollars per share) $ 0.44 $ 0.47 $ 0.86 $ 0.84
Income (Loss) from discontinued operations, net of tax (in dollars per share) $ 0.00 $ (0.03) $ (0.01) $ (0.04)
Earnings per share - basic (in dollars per share) $ 0.44 $ 0.44 $ 0.85 $ 0.80
Diluted EPS:        
Income from continuing operations 17,519 18,090 34,482 32,137
Less income attributable to participating shares (628)   (1,176)  
Add after-tax interest on convertible debt 1,484 1,392 2,945 2,763
Income from continuing operations available to common shareholders 18,375 19,482 36,251 34,900
Income (loss) from discontinued operations 13 (1,276) (301) (1,649)
Net income attributable to AAR available to common shareholders - Diluted $ 18,388 $ 18,206 $ 35,950 $ 33,251
Diluted shares:        
Weighted average common shares outstanding (in shares) 38,703,000 38,301,000 38,802,000 38,335,000
Additional shares from the assumed exercise of stock options (in shares) 147,000 274,000 285,000 172,000
Additional shares from the assumed vesting of restricted stock (in shares)   587,000   517,000
Additional shares from the assumed conversion of convertible debt (in shares) 4,107,000 4,068,000 4,107,000 4,068,000
Weighted average common shares outstanding - diluted (in shares) 42,957,000 43,230,000 43,194,000 43,092,000
Earnings per share - diluted:        
Earnings from continuing operations (in dollars per share) $ 0.43 $ 0.45 $ 0.84 $ 0.81
Income (loss) from discontinued operations, net of tax (in dollars per share) $ 0.00 $ (0.03) $ (0.01) $ (0.04)
Earnings per share - diluted (in dollars per share) $ 0.43 $ 0.42 $ 0.83 $ 0.77
Antidilutive stock options excluded from the computation of diluted earnings per share (in shares)     267,000 449,000